The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1869-11-05
The Egis & Intelligencer.
BEL AIR, Md, OCTOBER 90, 1869.
ISMAiL PAcHA OF EGYPT.

Had providence assigned him to another
sphere than that of Viceroy of Egypt, he
would undoubtedly have made shrewd
cotton spnculator at New Orleans, a leading
operator on Wall street, a great railroad
director and manipulation of stocks and
opera houses conformity, rs well as spec
ulator in produce. For even as Viceroy of
Egypt, in each and all of these roles he has
successfully figured; and in the magnitude
and profit of these operations pales our
lesser lights, who are consultations here.
If ever there was merchant prince, Is
mail Pacha of Egypt is entitled to that de-
nomination, and the doctrine of "Protec-
ton" has found in him its most efficient
and potential advocate. For being at
once agriculturist producer, exporter law
maker, and controller of the railroad and
water communication, he has been able to
regulate production, transport, and price
according to his own interest, and to re
duce monopoly to mathematical certainty,
to the utter confusion of all thcOrt teal
ree-traders in Egypt. Thus, owning one
fourth of all the productive land in Egypt,
chiefly cotton and sugar lands, and com
handing the labor at his own price-or
none at all, if it so pleases him-he can
produce cheaper than any competition
Then the transit, whether by railroad 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 in transit
by obsequious employees at hint from
his Highness. Furthermore, he is the own
or of large fleet of steam-vessels, and can
never have any difficulty in exporting his
produce and can supply any place that
needs 1T. The taxation and duties levied
on common mortals, and all the other
nameless expenditures to facilitate ship
ment, arc not imposed on the monarch of
the country whose goods 60 on velvet al
ways: and he is above the laws which
hamper others.
SO when it is explained that Tsmail Pa
cha is the great producer and exporter
from Egypt, effectually the Merchant
Prince of the period, his profits may be i'm
agined, but may not be accurately estima-
ted. An idea of the enormous harvest he
thus reaps 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
owing to impetus given to the production
and price of Egyptian cotton and rice, due
to the stoppage of the American supply
during the war, from 1861 to the present
year. For the expectations of Egypt,
which in 1862 amounted to but 204, 100000
oftrancs in value had attained to 445 ,000,-
600 in 1865, showing an increase of more
than one million and half in four years
time-two of which belonged to the reig n Of
Said, and two to that of Ismail Pacha Oh
this large income the cotton alone constitu-
ted in value 405,0O0,OOO frames The i'm
portations of the country for the same year
QS63) amounted only to 1874, 100000 francs
leaving clear balance of trade in favor OF
Egypt of 310,O00,OO0 francs, equal to about
$sO,O00,000, from this source alone. The
same rapid march has taken place in pop
ulation as in production and revenue
Thus Alexandria, which, when Said noun
ted the throne in 1854, numbered popu-
lation of not more than $4,000, of whom
about 10000 only were Europeans, in 1866
could boast at least 100000, of.whom 10O,-
900 were foreigners. -Harper's Magazine.