"I can only assume that a hope especially dear to me has faded away and that we shall not achieve our Zionist goal under a German protectorate."
At about the same time, Herzl met Philip Michael Von Nevlinski, a descendant of a long line of Polish noblemen who had entered the diplomatic service and became a diplomatic agent-at-large and a French journalist. In the first stages, Nevlinski guided Herzl in all the work he did in Constantinople. When Herzl came to Constantinople in June, 1896 he was under the impression that Nevlinski had already arranged an audience with the Sultan. It was not so easy, however. But whether such an audience had been arranged or not, Herzl was able to meet, a number of highly-placed Turkish officials, including the Grand Vizier. At first, the line of action was not clear, but by now Herzl had formulated his proposals to the Sultan.
Ever since the middle of the nineteenth century, Turkish finances had been in a shocking condition. The Empire was being badly managed. The Sultan was regarded as "the sick man of Europe." In 1891 the total external debt, including unpaid interest, reached the figure of two hundred and fifty-three million pounds sterling. In 1881 there was a consolidation of the debt. It was reduced to one hundred and six million pounds, but the finances of Turkey were placed under the control of a committee representing the creditors, to whom was transferred certain domestic Turkish monopolies and the collection of several categories of taxes. This enabled the European powers to intervene in the affairs of Turkey. Only by the removal of this foreign tutelage could Turkey hope to regain its independence. It was to achieve this end, Herzl thought, that the Jews, and the Jews alone, could be useful. For this service, he intended to ask for a Jewish State in Palestine. Herzl followed this line until finally the need for refunding the Turkish debt disappeared.