قراءة كتاب The Egyptian campaigns, 1882 to 1885
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Campaign
THE EGYPTIAN CAMPAIGNS.
CHAPTER I.
EGYPTIAN FINANCE.
Towards the close of the year 1875, Ismail Pasha, then Khedive of Egypt, had about got to the end of his resources. His liabilities on loans, contracted either in his own name or in that of his Government, amounted to £55,332,609; in addition to this there was a "Floating Debt" of £21,334,960—and £1,000,000—due for the expenses of the war with Abyssinia. The Treasury Bills were being daily protested, the salaries of the Government officials were in arrear, and everything pointed to impending bankruptcy.
This was the situation when Ismail sold to the British Government the shares in the Suez Canal Company which he had