20 NOVEMBER 1869, Page 2

The Sultan wants £12,000,000, and is raising it as a

6 per cent. loan at 54, while, according to the reports of Friday evening, his agents are negotiating for a second loan, to be raised by lottery. If any of our readers are tempted by such prices, we would just remind them that the Sultan is absolute ; that he has not the first glimmering of an idea that he can ever be in difficulties ; that he is quarrelling, as we believe seriously quarrelling, with the Khedive ; that a "special claim on Anatolian revenue" is a special piece ef nonsense, like a special claim on a debtor's boots ; and that the ultimate remedy to which the few able Turks, and all foreign diplomatists are looking, the seizure or taxation of the Vacouf lands—call it the property of the Church—will produce insurrec- tion throughout Turkey. Twelve more millions to Turkey Does all the money in the world belong to people who can't count?