New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-03-18

NOW conferences. General Gordon, meanwhlle'
is alternately frightening and IeassurihS h""i
toum with menaces of war ana PROMISES w
peace. His position has been strengthened ~
the victories on the coast, and he is making an
anccs with powcrful tribes, but he lacks inc au-
thority which trustworthy army alone can gave
him The military situation continues there
fore 10 barass the British Ministry. he sur
render of the Kassaa garrison or catastrophe
ot Kbartoum would render the conquest of the
Soudan unavoidable. Every week, moreover,
the financial embaTassmcnts of Lower Egypt
are becoming more pressing. Under the DUAL
Control the debt of the country was in round
numbers 800, 100000. Since The lombard
mcnt of Alexandria "A deficiency OF S3O,OOO,oOo
has been created by the war in the Soudan, the
indenniticS the cost of the army of occupation
and sanitary measures in the cholera season
The normal revenue of the country barely
suficcs to meet the cost Of administration ana
the interest ON the debt and this floating indebt-
edness cannot be provided for in gradual install
ments A public loan is also ont of the question
since it Is barred out by the Law OF Liquidation
This law, which was sanctioned by rs many a.
fourteen Powers, was an international compact
with bankrupt state. The bOndholders were
deprived of e-half Of their legal interest, but
in return for this sacrifice received an assurance
that the debt Of Egypt should not be increased
except within certain narrow limits. This COM
pact renders it impossible for the treasury
officials at Cairo TO fund the $50, 600 goo OF lioat-
ing indebtedness. They are staggering under
their present burdens and new financial policy
is indispensable. An appeal must be made 70
IL, Do, f,v elINn
of Liqudation Such an appeal will not receive
attention in Europe unless England interyenes
and assumes direct responsibility for the adj
ministration OF Egypt
The Liberal Ministry in working out a solll-
ton of these military and financial problems Is
EXPOSED every night in the Commons to entanSl-
ing cross examination by political adYcisarleS'
The London journals print all the news from
Egypt a, rapidly is ii can be collected by corps
of trained correspondents, and there Is no real
necessity for the CTOss-hrc OF Interpretation
which the Ministers have to face on questions oil
foreign policy. These inquiries from the OPP
position are not made for the purpose oil con-
firming newspaper accounts and obtaining use
f,l information but solely To cmbarrass Minis
tiers and to force them to commit themselves
prematurcly. Mr. Goschcn recently admins
tered a stern rebuke to the Opposition for Its
mpatriotic and partisan course III persistns III
these mi>chicvous tactics. His words have
only served to stimulate the energies of the eX-
ultant Tories, who are now attacking the Gov
eminent with vindictiycncss and partisan fury
seldom Witnessed in Parliamentary debates,
The dis,cu>ion~ in the Cabinet and their recent
success at Brighton have cmboldencd them to
challenge Nh Gladstone to appeal 10 the coun-
tIy.
Seldom has an English statesman been called
upon to settle so pcIplc1mg question as the
fate of Egypt and thc Soudan surrounded as
he j. by adviser, whose views ne doe, not share
it would not seem especially strange if Mr..
Gladstone should tender his resignation within
il fortnight. Even If his associates Suggest a
common ground Of action, winch he can occupy
with them, the dissolution OF Parliament may
no, be deferred many months.