CodalSearch this book — or all of Codal…⌘K
nydus/Secret History of the English Occupation of EgyptPublic
Page 35 of 456
Table of Contents

CHAPTER II SIR RIVERS WILSON'S MISSION

whose arrival I had seen at Cairo, had been followed by other financial missions of less integrity, which had resulted in what was known as the Goschen-Joubert arrangement of the Khedive Ismaïl's debts, a truly leonine settlement, according to which the enormous yearly charge of nearly seven millions sterling had been saddled on the Egyptian revenue, an amount which could only be wrung out of the ruined fellahin by forcing them, under the whip, to mortgage their lands to the Greek usurers who attended the tax-gatherers everywhere on their rounds through the villages. The last two Niles had been very bad ones, and there had been famine in the land from the sea to Assouan. Many thousands of the villagers—men, women, and children—had died that winter of sheer hunger. There had been nothing like it since the beginning of the century. Under these circumstances it was clear that either the Khedive must go bankrupt or a reduction be made on the interest of his debts, the Goschen-Joubert arrangement being abandoned. The former course would have been the more equitable and by far the better one for the country, but in the foreign bondholders' interests this was put aside, and a final attempt was made by these, this time successfully, to secure the diplomatic intervention of the great Powers for yet another settlement between Ismaïl and his creditors. The moment was a favourable one as far as England was concerned, for it coincided with the resolve of the English Government, under Disraeli's guidance, to play a forward political game, and take the leading part in the affairs of the Ottoman Empire. Lord Derby, who so far had gone unwillingly with his chief in his new policy of imperial adventure, now would go no further with him and left the Foreign Office, and, as we have seen, was replaced by Lord Salisbury. It was the signal of a general diplomatic advance, not unaccompanied with menace. The British fleet was brought through the Dardanelles into the Sea of Marmora, the Russian army was overawed and prevented from entering Stamboul, and under pressure of the English demonstration a treaty of peace was hurriedly drawn up between the Czar and the Sultan, the treaty of San

35