Year: 1875

not been known for many years Ii was as great q
prise TO England appears have been for France
Germany and Russia though very naturally the
nouncement created very different feelings the minds
of the different peoples The English, long the
OF European statesmen taunted with their Indifference
70 foreign politics. their xelnshness all interests that
do not their mercantile prosperity very
justt6aby proud OF the energetic action taken by the
Ministry, which asserts the right of
England to protect herself and assert the position
she to occupy the expected solution OF the
Eastern question No expected such quick action
and clear headed statesmanshpi no one thought for
. that England would be the first TO indicate
30 decidedly the European Powers her intention Of
casting her influence and authority the scale in favor
Of Turkey and taking, we're, vital interest in the
existence of her old ally. For It must not be supposed
for moment that, in laying her clutches the Suez
Canal


INTENDS RESIGN TURKEY
to fate she has well deserved rather the
she has taken proves that she will endeayor to main
tain Turkey in her present position If only for the
purpose of having ally friend to help her pro
tect her


GREAT HIGHWAY TO HER INDIAN EMPIRE


For time past the officially inspired journals,
especially the Fau Mall Gazette have been sound
Ing the public to the feasibility and probable ad-
vantages of annexing Egypt to the British Empire,
though the idea did not take any very Arm root
Nevertheless, it evident that in the European
Powers should have pushed on the dismemberment Of
Turkey by force England would at once have taken
possession Of Egypt for her share Of the spols But
England has no desire TO see Turkey driven out OF
Europe has no desire to Russia commanding the
gates of the Bosphorus and Russia wishing
abe sclavic Provinces annexed to the


RMPIRB.


There seems every believe that the Eastern
-t.th
again at later date, usual We have still 10 see,
however, whether this step the part of Eng
land will provoke Russia to action The telegraph s
silent from Russia this morning. but only few days ago
Russian journal in discussing the view put forth by
the Pal Mall Gazette TO the Importance of Egypt
England begged to ask whether Russia Austria Italy,
France Greece and Span surrounding, as they the
Mediterranean, have a right too vindcae their
on the Nile ?" Now the Pail MAJ Gdzete
replies thus


1.-The answer is short and simple They have per-
feet right England, in vindicating her interests
the Nile, vndicates their interests,
csts differ from theirs In degree only and not In kndn


cLBAREsr EXPOSITION


Engands views and her present position regard to
lhe Eastern question Is think, TO be found the
editorial columns OF to-day's Morning Post which
must be looked upon as at least, inspired The
writer SAYS


"Haying now q national stake a bond tfde
material interest In Egypt, il will be open
take for the protection OF that stake and
interest such may be best calculated to meet any
and every danger that might menace them"


More sagacious still is the promulgated by the
Post that friendship with Turkey assistance In
India The danger to England in her Indian territory
Els more from within than without


Surely, the has never been put in clearer and
moro telling fashion than this None of the London
daics speak out openly any possible desertion OF
Turkey though the general feeling points
opposite direction The news Of the purchase Of the
canal did not have the effect Of checking the


DECLINE TURKISH SECURITIES


Indeed, they have fallen rapidly since, fact which
appears to show but little confidence among money
in Engands intention Of supporting the decaying
Empire Of the Caphs.


The PAU Man Gazette says:-'ewe doubt not more
over, that when the stop just taken by the British
government be calmly considered by foreign
tons the light oftho existing European situation they
will find II reassurng rather than the IL ought
TO be reassuring both rs marking in way too plain TO
be mistaken the limits Of policy With regard
Egypt and as estying 10 our desire TO pursue that
policy in the straightforward and peaceabe way
We have, in fact anticipated the hour Of political
necessity, ana have deliberately chosen effect by
COLLATION. and purchase object which we might at
some time later have been compelled TO effect by
something very like force Recent events and recent
rumors-or the moment much exaggerated, no doubt
have shown that at any day we might find ourselves
In the midst Of European complications and confronted
by the immediate necessity Of securing route to
India at any cost and in way That should have
recognized and acted upon this necessity all know
Nay, has pointed the other day boon long
known and counted upon almost the element OF
certainty n the Eastern question IN every Cabinet and
capital in Europe


THR ENGLISH MINISTRY HAVE MADE A GREAT COUP
In this latest business transaction. The Times recog
nizes In the purchase the hand Of Mr. Disrael the \
Telegraph thinks, however that the patriotism Of the
English nation WILL beyond all question, recognize In
this act Of Lord Derby mark OF sagacity which adds
10 his old reputation for prudence proof Of political
couragen IL is probable thai the work the result Of
the two headsof Lord Derbys political foresight and


DIsRAEIJ's FINANCIAL AcUMEH.


The Saturday ReUetc in the business ssMr. Dis
raells own style Of gorgeousness In moment he
nterieres ~ the East he commits his country 70
new adventure, he handles about his millions like half
pence. he gives awards the golden lions Of the
chrome Of judah, and bids viceroy draw sight on
Sidonia for "a 900, 0o0 To have lived make duke
which was the dream OF Vivian Grey ia nothing COM
pared with having lived TO realize the magnificent
visions Of Coningsby," The Pail Mall Gdsette how
ever, rather the hand OF necessity than OF Mr.
Dsrael, and this Wow OF the probably the
rect one, for he bargain had TO be settled al oncep
or never II was question OF a few days almost Of
. few hours"


rHR KHEDrvE's WANT or oAsH


Ten days ago the British Ministry were informed IN
a confidential manner that the Khedive was IN pressing
need Of funds with which 10 meet impendipp engage
ments In his need he had determ ned TO sell Tho
IT. 600 shares OF the 400 600 issued which he pos
sessed Of the suez Canal The Khedive ihtmated his
decision TO two partes-to ~ de Lesseps, who lmme-
diately announced himself possible purchaser and
Immediately received the support Of two financial
In Paris II Is evident that he made the
offers to the Rothschids, or through them 10 the
English government, and as the Daily Telegraph
marked, Tine hhedlVe himseH preferred 70 transfer
the chief power the canal TO that gov
ernment which has the strongest commercial
reasons for keeping il open az free passage for the
whole world The Ministry saw the opportunity, with
the single condition that decision must be i'm |
mediatoly made Tho Telegraph evidently well In.
formed then goes on TO state how the transaction
carried OUT


'Parliament not sitting, though, happily, the 1
Cabinet councils being held in their usual course
No government before had thus invested national
money simply because previous government ever
found national interests SO suddenly implicated. In
nlrfsf Obv w a
Light Of policy It just clearly al-importanL
History had prepared juncture wherein govern
nent afraid OF its plain duty too hairsplltting TO
decide upon it, would have surely put the splendid
chance aside and have given hereafter, perchance
some long -wnded explanations in poor exchange for
the hold shall now have OF the short cut between
Europe and ASIA


SO now is only needed


sANcTIoN oY PARLIAMENT
70 the purchase and Englands Queen Victoria's