The Portland daily press., 1875-11-27

rated. For a considerable time it cannot be
pecuniarily profitable unles England also re-
deems the nineteen year coupons which the
Khedive heretofore sold.''
The Times in leading article on the subject
has the following:
"There is an audacity about which we do not
generally associate with the acts of the British
ministry. We seem to trace ia the business
the hand Of Mr.. Disraeli. The nation wakes
this morning to lind that it has acquired
heavy stake in the security and we'll being of
another distant land and that it will be held by
all the world to have entered upon q new phase
of the eastern policy. We have no desire for
an extension of territory, we do not covert the
Nile, since the firman of 1878 which gave the
Khedive the right of treating independently with
foreign states The Egyptian government has
little cause of complaint and may fulfil her
duties untrammeled by Stanboul. In this set
Element we desire to ask no change but should
the instruction or intrigue, aggression from
without or corruption within, bring political
as we'll as financial collapse to the Turkish en-
pire, it might become necessary to take meas
ures for security for that part of the dominons
of the Sultan with which we are most nearly
concerned. An acquisition of so commanding
an interest in the Suez canal, an interest which
must Inevitably tend to increase will lead the
government and the people of the country to
concern themselves habitualy with Egypt
The Khedve's shares in the Suez canal &C
cording to an old arrangement with the Canal
Co., receive no dividends for ninteen years,
consequently their unconditional purchase by
the British government would ina pecuniary
sense be wholly improbable for that time, but
Reuter- telegram from Cairo states that Egypt
has agreed to pay to Great Britain five Der
cent on the amount of the purchase money,
"a, 100000 sterling, for 10 years.
French Assembly.
PARIS, Nov. 26-In the Assembly the discus
sion on the electoral bill was continued NJ Ma
rohI IN TIT
vor Of an unmodfied Scrutia de kste. After
violent discussion the amendment was rejected
by vote of ITO yeas to AT nays Gambetta
said the constitution of Feb. 25th had cost all
parties considerable sacrifices. He now came
forward to give a fresh proof of conciliation
by abandoning the demand for an unmodified
scrutin de lste, and supporting the amendment
offered by M. Joseon, which modifies the cleo
toral system by limiting the number of names
on the ticket to 5,
rondissements. The amendment of M. Joseon
was rejected, 3O2 to BOZ. The debate on the
method of voting will be continued Eto.morrow.
The triumph of the reimbursement system is
considered certain.
Spnin's Answer to TIE United States.
LONDON, Nov. 26.-[N. Y. Herald special. j.
special despatch to the Daily Telegraph
from Paris states that in the Spanish reply to
the Washington government nothing is con-
coded to the United States except that the ac-
cused may invoke the aid of counsel before "a
court-martial in Cuba
A telegram from Madrid to the same paper
says that SO far as can be learned Spain promi-
ses reform in the matter of the confscation of
property, but declines to adhere to the treaty of
1896
Foreign Notes.
A London special says it is rumored that Sa-
voy is moving for separation from France
ard annexation to Italy.
Bernard Devlin was yesterday elected by ac-
clamation member of the Dominion Parla-
ment for Montreal Centre.
The British minister at Madrid while passing
through Bilbao refused to receive visit from
Gen. Burnel, who directed the Virginius
massacre
Negotiations between Spain and the United
States are progressing favorably.