25 OCTOBER 1851, Page 2

The misunderstanding between the Porte and the Pacha of Egypt,

arising out of the project of a railway across the Isthmus of Suez, is said to be satisfactorily adjusted. The Pacha has con- descended to ask the Porte's permission to construct the railway, and the Porte has granted it. But the permission is clogged with the proviso that the Egyptian Government must keep the con- struction in its own hands, and not delegate it to any company of foreigners. Time will show whether the Egyptian Government is equal to the task.