16 JANUARY 1909, Page 1

The Army had made great strides since the revolution, and

though the Fleet had been allowed to fall into disorder, the expenditure of ZT.300,000 in the last few months had made it possible to commission all its efficient units. Sir William Willcooks had been appointed to study the question of irrigation in Mesopotamia, to which the Cabinet attached great import- ance, and a distinguished French engineer, M. Godard, was carrying out a similar mission on the Cilician Plain. The Grand Vizier next warned the House that the influx of foreign capital into the Empire, which was most desirable, would depend, not upon sentimental considerations, but upon the proofs that they gave of their capacity for sound finance and for "a wary, unadventurous internal foreign policy." British capitalists, who had shunned Turkish investments under the old regime, had lately co-operated with French and German financiers, and would, he hoped, continue to aid in the development of the Empire.