7 AUGUST 1869, Page 1

NEWS OF THE WEEK.

I T is fortunate that both the Sultan and the Viceroy of Egypt are

always in want of money. Otherwise there might this autumn be trouble in the East. The Viceroy, having been promoted from Pasha to Khedive,—say, from Grand Duke to King, the Sultan remaining Emperor,—and having induced the Porte to allow the succession to go to his eldest son, instead of the eldest male descendant of Mehemet Ali, is now intriguing for independence, inviting Sovereigns, for example, on a footing of equality, and proposing to neutralize the Suez Canal, a matter with which he has as much to do as the Bridgewater Trustees have with the neuttalization of their water-way. The Sultan does not like this, and has informed the Pasha that unless he explains his conduct the firman of 1841 will be revoked, that is, Turkey will again claim a right to appoint a Pasha for Egypt. Of course such a step would be followed by war, but it is supposed that the West will put presaure upon the disputants, make the Viceroy yield *and the Sultan express himself satisfied. The Viceroy, however, has gone home at speed, and we venture to predict will be borrowing money to soothe Stamboul before the month is out.