Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1869-10-27
ISmail Pacha of Egypt.

Had Providence assi igned him to another
sphere than that of Niceroy of Egypt, he
would undoubtedly have made n shrewd
cotton speculator at New Orleans, 4 lead
ing operator on Wall street, great rail-
road director and manipulation Of stocks
and opera houses conformity, as well as
speculater in produce. For even as Vice
roy Of Egypt, in each and all of these
roles he has successively figured and in
the magnitude and profit of these opera
tionS has paled our lesser lights, who are
consultations here.
II theTs ever was rlercha!nt. n{in',A =
maii fachd or Egypt Is entitled 10 that
denomination, and the doctrine of " Pro-
lection has found in him its most efficient
and potentia! advocate. For being at once
agriculturist, producer, exporter, law ma
ker, and controller of the railroad and
water communication, be has been able to
regulate production, transport and price
according to his own interest, and to re-
duce monopoly to 4 mathematical certain
ty. to the utter confusion of all theoretical
free-traders in Egypt. Thus, owning one
fourth of all the productive land in Egypt,
chiefly cotton and sngar lands, and COM
manding the labor at his own price-or
none at all. If it so plcases him-he can
produce cheaper than any competitor.
Then the transit, whether by rail or canal,
is under his control and he could, and
did, forestall the market-his products
ever having the preference in transmission,
those of his rivals being stopped iR transit
by obsequious employees at hint from
His HighnesS. Furthermore he is the
owner of large feet of steam vessels, and
can never have any difficulty in exporting
his produce, and can supply any place
that needs it. The taxation and duties
levied on common mortals, and all the 9TH
er nameless expenditures to facilitate ship
ment, are not imposed on the monarch of
the country, whose goods 90 on velvet al
ways; and he is above the laws which
hamper others.
So when it is explained that Ismail Pa
cha is the great producer and exporter
from Egypt, efectually the Merchant
Prince of the Period, his profits may be
imagined, but may not be accurately esti-
mated. An idea of the enormous harvest
he thus rears may be formed by glance at
the immense development of Egyptian ex-
ports during his reign, of which he gets the
lions share. This Increase is chiefly ow-
ing to the impetus given to the production
and price of Egyptian cotton and rice, due
to the stoppage of the American supply
during our war, from 1862 to the present
year For the expectations of Egypt.
which N SO2 amounted 10 but 2of .oOO,-
600 of francs in value, had attained to
AS, ,000, 900 in 1865, showing an increase
of more than one million and a half in four
years time-two of which belonged to the
reign of Said, and two to that of lsmail
Pacha OF this large income the cotton
alone constituted in value 405,000,000
francs. The importations of the country
for the same year, 1865, amounted to only
134 900, 900 francs, leaving a clear bal
ance of trade in favor of Egypt of 310,-
100000 francs, equal to sS0,000,000 from
this source alone. The same rapid march
has taken place in population as in pro-
duction and revenue. Thus Alexandria,
which, when Said mounted the throne in
1894, numbered a population of not more
than $4,000 of whom about 10000 only
were Europeans, in 1855 could boast at
least 100000 of whom 100000 were for
eigners.