betrayed him, and made him only their more ready dupe. Ismaïl, before his accession, had been an astute money-maker according to the ways in which money was then made in Egypt, and he had had, too, a European education of the kind Orientals acquire on the Paris boulevards, superficial as regards all serious matters, but sufficient to convince him of
his capacity to deal with the rogues of the Bourse with the weapons of their own roguery. In both directions he was led astray.
His first act of self aggrandizement was simple and successful. The revenue, which rested chiefly on the land tax, was low, and he raised it by progressive enhancements from the 40 piastres where he found it, to 160, where it has ever since stood. The country under his hand was rich and at first could afford the extra burden. Men gave of their superfluity rather than of their necessity, and for some years did so without complaint. This enhancement, however, of the revenue was only part of his rapacious program. His native flatterers reminded him that in the days of his grandfather the whole land had been regarded as the Viceroy's personal property, and that, moreover, Mohammed Ali had claimed and exercised for some years a monopoly of its foreign trade. Ismaïl schemed to revive these rights in his own person, and though he did not dare, in the face of European opinion, to commit any great acts of open confiscation in regard to the land, he gained to a large extent his ends by other means, and so rapidly that in a few years he managed to get into his own hands a fifth of the whole area of the cultivable land of Egypt. His method was by various means of intimidation and administrative pressure to make the possession of such lands as he desired to acquire a burden to their owners, and to render their lives so vexatious that they should be constrained to sell at prices little more than nominal. In this way he had, as I have said, possessed himself of an enormous property in land, and he doubtless thought that this was to prove to him a correspondingly enormous source of personal income. But his very covetousness in the matter proved his ruin. It was found in practice that