We note with satisfaction that both Mr. Chamberlain, speaking to
an interviewer at Moscow, and Mr. Court- ney, addressing a Liberal club at Plymouth on Wednes- day, expressed a strong feeling against the dominance of the financial " Rings " in Egypt. Mr. Chamberlain said boldly that the British Government would not permit Egypt to be exploitee for the benefit of a group of financiers, and Mr. Courtney urged that Egypt should.pay for her occupation, and that if there was not enough money, the Bondholder should be the first to be cut down, "I confess," said Mr. Courtney, "I should feel a peculiar satisfaction in making the Bondholders realise that the war was not entered upon and concluded in their interest." The point is, whether they will not find their interest in the war, whether the Government likes it or not. At the present moment, the financiers who still hold masses of Egyptian Bonds are receiving eight per cent. by British aid. That is to say, they hold Bonds at four per cent. for double the amount they ever lent to Egypt in actual cash.
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