25 FEBRUARY 1882, Page 3

The alarm felt about the Revolution in Egypt is said

to be subsiding, for no reason whatever that we can perceive. Arabi Bey must dismiss the Europeans, or be replaced by some stronger leader. On the 6th inst., the two Controllers-General officially recorded their opinion, now published textually in the _Republique Prancaise, that " the Khedive's power," upon which their own influence depended, " no longer exists," having been transferred to the Chamber, and the " military chiefs to whose influence the Chamber submits." "By the very force of things, the Controllers become inefficient when confronted, not with the Khedive, but the Chamber and the Army." " To accept accomplished facts is, therefore, to accept the most seri- ous outrage which has been committed against the influence of England and France." " It would be a profound illusion not herein to see the prelude of a series of measures which will not leave standing any of the reforms introduced of late years." The Controllers have not resigned, rightly regarding themselves as agents of their Governments ; but we may rely on it that they foresee the future more accurately than the optimists. The pinch must come soon, as Arabi Bey will want more money for the Army.