The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-01-02
{ q Y P T..
OUR CAIRO CORRESPONDENCE.

Opening Of tho Egyptian Parliamems-Pro-
grcssivoness In the Land Of the Pharashs-
The viceroy - . Cotton Grower and Spec
uiator.
strange event. startling innovations in this region
Of unchaneeabeness svsntcthst speaks Of liberty
and progress y being enacted hers It'll the open
Ing Of an Egyptian Parliament There is something
unreal In this idea Of popular assembly in the land Of
the PharAohs something almost sad In the act that snaps
asunder the most venerable link between the present
ag and antiquity BY breaking forever with the traditions
Of q dim and half forgotten past But even from .
political point Of view this freak Of the viceroy
incomprehensble TO the ordinary observer Were
Isma Pscha any other but Isma Pacha there might be
high political motive, some dawning per.
ception of the grandeur OF modern civilization but
fortunately for the explanation Of the vceroy's
duct happen 70 know from experience that the
only motives which actuate Regent and the
only part Of modern civilization that has found
in bIm admirer the greed for wealth. the graspng
after personal property and an ardent longing after
increased and well filed cofcrA During the
consequence OF the American war, there
scrupulous specuator the Bourse than his Hghness
Ismai Pacha- The enormous profits made by some Of
tho Greek merchants In Alexandria disturbed the Vice.
roys rest excited his avarce and caused him plunge
asserted be- true many an error IN the merchants ts
grams, many fnlsc rumOr Of rise fall In cotton
circulated on the Bourse. emanated fqm the vceroy
1t ienst from his trusted Minister Nubar Pachn For
some time he went hand IN hand with . well known
commercial house unh the latcr shy at the Pachas
proceedings and broke on the connection Nubar wont
to Paris 10 raise money Afterwards but returned
successful that the vceroy's credit has
raised upon reckless and specuiassoa fe
down upon the heads OF the architects themselves-
and NuSsr Pscna By the law Of the stronger hs ha;
during the few which he has reIgned managed 10
get into his hands the principal portion o. the private
landed property OF the country and one would have
thought thnt he could have fallen back upon them to
maintain his credit But the 1elds that had hitherto
had been turned into plantations for the growth OF cot
ton In the vceroys lands indeed in the lands OF
almost every proprietor throughout tho country, the
great staple OF industry the Of the wealth and
prosperity of Egyptthe magnificent corneds had been
sacrificed for an empty shadow for bubble that burst
on heads OF the who had pulled IL into exist.
ence The cotton crop failure tho prices OF cot
ton nevertheless went down, the principal houses,
Greck and Frank. stopped paynen. and our vccroy
Since his faure In the cotton trade our vicsroy has
become wiser and better man. Nor do zoe any
To the country Itself II do no harm-it might do
good; least, there Is plenty Of for It. In his
~ n
selvsa'" Let these good fellows do 80 by all means;
their country stands in need Of counsel than they
are able AFFORD Trade utterly al standstii, every
wretched shopkceper ruined by the results OF over
speculation and BY the amount OF inferior articles from
consisted 81 sr so french ouory linen ana cloth
goods Of the very worst quality. from Engand-the
country swarmed with these unsaleabe goods and you
may imagine the state Of the trade II the
delegates wish 70 occupy themselves with the
real grievances Of the country let them take,
for example, the administration Of Justice into
consideration Let them rather abolish once the ad
mnsraon Of injustice that Is carried By bribery aad
corruption throughout the land, and that has made
Egypt by-word, In less civilized countries BY
al lot the Egyptians Try constitution and II
they reform any Of the abuses that exist only do not
let N be sanguine OF ttcr success To . certain
exsnt have had an experience that does not encourage
much hope. THIS h not the nrst time that Isamte
demisovereGn ooples European Installations hePscha
Of Tunis and the Boy Of Tpo have both granted cons
tutious to their suhcs bat no change for the better has
taken place In those mlsgoverned counsres the PRO.
tces Of The bastinDado, hanging and dscaptatssns con
tnus 70 flourish undimnished the system Of taxation
and the standardization Of justice remain unabassd
Win b different In the Valley or the Nilsf
The Parliament he's right 70 discuss any but internal
questions, and does nos pese the right Of voiug aN
proving the taxe@ This deiberative assembly may be
dissolved sswili BY the vicsrUy.
the PRECEDENT Of the Assembly h Rhagib Pacha man
Of talent and experience The delegates repeaedy
the residence Of their Presidents before the open
ing of Tie session, 70 receive private lessons ID coasu
ttouAl practices