New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-07-07

the germ q of many sciences; lanu "hoso nv"
uments take history back further towaru 'le
origin of the race than any other human rec
ords. land memorable for one OF the earliest
trumnhs of human skill over the forces Oh
nature. the erection of the Pyramids, ana Ior
one of the latest, the construction OF tue oue~
Canal-Egypt is in history one oil the most III
teresting as it is in geographical position one
of the most important countries on the giooe'
Though Egypt proper has population OF niue
mora than 100000, and only $500 square
miles of cultivated land, its commerce amounts
IN 81 30 600 900 yearly, and it commands the
vastly more important commerce OF the Suez
Canal.
To Great Britain, the protection of this canal
from Egyptian or Turkish interference mas
become national necessity. British interests
in India, already threatened by Russian move
ments in Asia, are only made secure because
the telegraph and the canal place London
nearer to Bombay than ST. Petersburg, ana
nearer. indeed, than the nearest Russian 1or-
tfess or camp. If Arab Pacha were the secret
ally of the Gar the wires could be cut anu the
canal made impossible in a day. Hence Brlt-
ish anxiety, both for political and conimercial
reasons, is naturally very great, ana the imam
cial investments Of the British Government III
the canal, and of British capitalists in Egyptian
and Turkish promises to pay, have been very
large. The Sultan's revenue from Egypt Is
maid. not to his agents. but TO the Bank OF
England for account of English bondholders.
70 France. also, the condition OF Egypt Is
matter of the utmost importance, ana the Iact
that n rupture of Turkish authority in that
fhp
ACKNOWLEDGMENT of Turkey renders recent
events peculiarly interesting to Russia, Ter
many and Austria. In fact, war i'll any part Oh
Europe might result from hasty blow STRUCK
at Alexandra.
TO the people of this country, the question
first IN mind is whether war IN Egypt VIII
affect American commerce or finances unIaVor-
ably Much talk IN Wall Street is based upon
the notion that such contest would be dlsas-
trous TO this country, but it is talk without
reason. If 10 cotton or wheat from the Nile
were TO reach European markets, that would
not be a misfortune to American producers,
though the British receipts from that quarter
have not of late been large If the strug-
Gle should cause an interruption of the Suez
Canal. however, the loss of supplies to Great
War means a rapid consumption OF iron, cloth
inc and food, and would increase the deinahu
for such products i'll the very countries WIFI
which we deal most largely. much more
important effect, at least i'll financial circles
would be the increased demand for American
securities For such securities are always
sought with avidity by European investors
when their own Governments are at war. III
n struggle of the kind that is now threatened,
into which almost any Government OF Europe Is
liable to be drawn by the intermlnable Eastern
question: American securities would oier
the advantage of being almost the only invest
ments that cannot be affected unfayorably by
any possible complication
: But we should be strange people indeed,
if we could listen without deep interest to
echoes of the cannon of Mother England In the
land of the Pharaohs. Egypt, under its present
rulers is little to us, but England is much
No American historian has hestated, even in
times of sorest feeling toward the mother conn
try. to recognize the fact that civilization and
Christianity have made enormous strides, III
every quarter of the globe, under the shelter OF
the British flag. The substitution Of BRUSH
Justice for Turkish rapacity or Arabic lawlesS-
ness would be hailed by the commerce oil the
whole world as a blessing. Though neither
the British Government nor the English people
have any desire to assume the responsibility
of governing Egypt, any increase OF British
influence in that quarter would probably be
beneficial. The struggle that is now threat
ened can hardly fail to result either in great
increase or in marked diminutiOn of English
influence in Egypt. In such struggle, Amer
lean sympathies must 20 ont strongly toward
the mother country 50 long as it is conte ndlng
only for order and justice.