ENGLAND, PRANCE, AND EGYPT.

Kumara Times, Issue 814, 10 May 1879, Page 4

ENGLAND, PRANCE, AND EGYPT.

The Paris correspondent of the London Times writes on February 23rd : —France has ordered the dispatch boat Renard to Egypt, and an English ship is going in the same direction. The apparent object of this demonstration is to be on the spot in case of disturbances, but the real object is to let the Viceroy see the united colors of France and England, who, without being hostile to the Viceroy, will nevertheless inspire him with Balutary reflections; I understand,, moreover, that the two Governments hastened to communicate their perfectly reassuring views on this subject to the'signatory Powers of the Treaty of Berlin, to whom these communications have forthwith been transmitted by their representatives in Paris and London. Interested financiers, indeed, are trying to attach a much greater significance to the attitude of the two countries, which, were they to be believed, are contemplating an actual joint seizure of Egypt; but this is quite a mistake. The financial question is merely secondary in the resolutions of the two Governments. They will certainly insist on the Khedive not resuming his prodigalities, and on his adhering to the economical course on which he has been constrained to enter. On this head the Egyptian Ministers remaining in office will be energetically supported. But this support, which mainly aims at maintaining good order in an independent Egypt, will turn out otherwise than many are pleased to say. My information on this subject is precise. Neither England nor France holds herself bound to guarantee the ordi-nary-creditors in any respect against the vicissitudes to which they are exposed, but both- are of opinion that by wise treatment of the expenditure, and by reducing the present rate of interest, onehajf, Egypt may succeed in making two ends meet, and may thereby save herself from becoming a source of uneasiness to foreign Governments. ' She may thus also reassure her creditors, who, though they only received half the present interest, would at least be certain of getting that. Nubar; ; Pasha's fall, moreover, seems to have satisfied the Khedive, and, however much the : retirement of so. able a man is to be regretted, it is merely a personal quJßßtiori'id ho way warranting the perilous projects "attributed' to France and England. Their promptly-concerted attitude will'have shown the Khedive that he has ceased: to be the autocrat of Egypt, and it only remains for Mr Rivers Wilson to proceed vigorously with the reduction of the' interest and Civil List, and the economic measures necessary to prevent fresh disquietude. .. '

"Mglea'' in the Australasian tenders the following information to impecunious bank managers:—" It is a painful fact that a former branch-bank manager lately stole a volume from the H.B. Railway bookstall - not impelled'thereto by literary appetite, bat to secure immunity from physical hunger by achieving a month in the Sotel de'Castieau. When this came to the knowledge of another ex-banker who has for some years been battling with adversity ho exclaimed, 'How foolish an act. I managed much better. I induced a friend to whom I was really indebted to bring me up on a fraud summons—pleaded guilty—was committed to the debtors' ward—better quarters, better food than the prisoner for larceny—and, - besides, secured two months,' And then he loftily added with the air of a philosopher, * The law, I consider, sir, was designed not merely to repress offenses, but as a provision for the citizen 1'"