EGYPT UNDER LORD CROMER.
if
The following diary shows at a glance the work accomplished in Egypt by Lord Cromer, while the map serves to further impress on the reader the immense advance in the country:— IS7G Maim- Evelyn. Baring mow Lord Cromer) appointed by the Khedive British Commissioner of the Egyptian Public Debt. ISSO lie leaves Egypt for India. 1.853 He returns to Egypt as British Agent and Minister Plenipotentiary. Hicks Push defeated in the Soudan. ISB3 Capture of Kh.-.rtoum by the Mahdi and death of General Gordon. ISfttl Soudan abandoned. ISS7 Payment of full interest on the EgyptV>n debt resumed. ISSS Sir E. Baring reports that Egypt Is I solvent. j I?S3 Abolition of forced labour among the I pen Mints. IS9O Conversion of the debt; Interest re- J (faced from 5 per cent to 4i and 3J , per cent : 1801 International Judicial Committee of j Three appointed to .Native : courts. Great improvements in tr- ' risatinu. ISO 2 Salt tax reduced by 40 per cent.' Seizure uf Sinai by Turkey prevent-1 '.Hi. ISO,'-'. Cup d'Rtat of the Khedive, who dls- | misses Reform Ministers. Lord Cromer protests wuh success. Large further I roclm Ic'iis in taxation. IS!'4 Tlie construction of ihe dam for the! Nile reservoir at Assuan ordered. ISOfi .Opcral Kitchener begins the campaign for the reconquest of the Souilsin. ('aptore of lbjigolii. isTf Surplus or jm.3Ki.onn. I.SI'S Contracts for hanogos nl Assuan and! Atwhil i-oneleiieri. Destruction of the j iiervis : i purer hy (jiiiei'sil Kitchener! .11 the Aibtira and Omdurman. • IS'OO Anglo-French Agreement fixing the I fri-nilei-s ~f Hie Soudan. I 1001 Ztr.si btirrngp eommcnceil. i!HC Completion of the Assuan dam. I'.tni Aii/ln-Frenrli nnders-tanding gives i Kngiund a freer band In Egypt. lfln.-. Schcu. c.uuplcted for repayment of entire debt in fifty years. Lord Cromer's annual report nnounees im-. incr.se progress in the Soudan. WOB Taluiii crisis, owing to attempt of: Turkey to alter Kiuai frontier, set-] tied. "Young Islam" movement In Egypt. Isriiis-h garrison streugthened. Lensiiawai affair. !
In ISS.I Egyptian five per cent securities -loud miserably low; last year per cents st-ooti about par. In Ids:* the debt exceeded £013.000,000; iv lf)o<J it, was CS-.41ti.000. In ISS3 the Budget deficit was £921.000: in ISB7 the Budget baIli cod: iv 188.1 there was a surplus of £218.000. This has steadily increased, thov.jsh taxation has been remitted. In 188.. tin revenue, got with difficult.-, w,:s £S.V>:'s..ono; in 1906 it was £15,-5:17.000. g,il will ease, with a rescrv - of t.5.7(V2 POO.
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Auckland Star, Volume XXXVIII, Issue 127, 29 May 1907, Page 6
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412EGYPT UNDER LORD CROMER. Auckland Star, Volume XXXVIII, Issue 127, 29 May 1907, Page 6
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