The correspondent of the Times at Alexandria points out the
-extreme injustice to the people of Egypt involved in the recent settlement of the finances, arranged under pressure of the -external force of Great Britain and France. While 24,350,000 is allowed for the Bondholders' loans, only half of which reached Egypt, only 23,300,000 is allowed for the expenditure of the country itself. The Army and Navy have been cut down to 2430,000 a year, though Egypt is threatened from Abyssinia; 2460,000 only is allowed to public works, such as canals, on the maintenance of which public prosperity depends; only 260,000 is assigned for education, of which 220,000 is spent in "ex- penses," that is, management ; and while 2140,000 is expended on International Tribunals, the main object of which is to protect foreign creditors, only 260,000 is devoted to 44 localised justice between native and native" in the whole of Egypt, a sum preposterously inadequate. All this while, £700,000 is set aside as tribute to the Sultan, who neither governs, nor administers, nor owns the country ; and 2150,000 for the food and protection of the pilgrims to Mecca, who are in very small proportion Egyptians. It seems impossible that so infamous a system of plunder should last; but Egypt is very small and its population very weak, while France and England are in every non-moral sense "Great Powers."
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