CHAPTER I EGYPT UNDER ISMAÏL

and the fellahin, emancipated from their old condition of serfdom to the Circassian Pashas, were everywhere accumulating wealth. Egypt at the close of Saïd's reign had become not only the most prosperous province of the Ottoman Empire, but one of the most progressive agriculturally of the Eastern world. The revenue, though small in comparison to what it is now, probably not more than four millions sterling, was easily collected, and the expenses of administration were insignificant, while the public debt amounted to only three millions. It is true that in his later years Saïd had granted a number of concessions to European adventurers on terms which were becoming a heavy burden on the state, but the general wealth of the country was so large that this was not more than its light taxation could bear, and the Viceroy had at his disposal, when all yearly claims had been discharged, probably not less than a couple of millions for his free expenditure. Certainly there never had been an age in Egypt when the mass of the native inhabitants had been so materially prosperous; and to the fellahin especially it had come to be spoken of as, for them, the "age of gold." Ismaïl, when in 1860 he succeeded to the Viceroyalty, was without question the richest of Mohammedan princes and master of the most prosperous of Mohammedan states.