The Government is bankrupt; its revenues are not half enough to meet its current expenses; its army is starving; its civil service forced to live on plunder; its income mortgaged for years in advance to secure loans on which it is paying thirty or forty per cent. interest in one form or another; but still no one would dare to suggest to the Sultan the possibility of his reducing his own expenses to a sum equal to that expended by the Queen of England. Thus far all talk of financial reform is prompted by the desire to borrow more money in Europe to meet the present wants of the Government. These difficulties once surmounted, everything would go on as before. It is no friendship to Turkey to lend her money, until such time as the Sultan and his Ministers are ready for a real reform, beginning at the Palace, and conducted under the control of Europeans appointed and supported by their own Governments. But there is no prospect of any such arrangement. The Turks do not appreciate the dangers which beset them. They see that the country is in an unsettled state, and they feel the want of money; but the evils of which the people complain are nothing new. They exist now in an aggravated form, on account of the war and the confusion which has reigned for several years at Constantinople; but the Turks see no reason why they should not be reduced to a normal state, and be quietly endured for centuries to come, as they have been for centuries past. Their attention is directed exclusively to their foreign relations, and whatever is said or done about reform is intended solely to conciliate public opinion in Europe. Could the rulers here be brought face to face with a really independent Representative Assembly, freely chosen by the people, they would be made to think less of Europe and more of Turkey. They would see that their rule has become well-nigh intolerable, even to the Mussulman population of the Empire. Then there would be some hope of genuine administration and financial reform. It is even possible that the Christian element in such an Assembly might be strong enough to secure, in time, the emancipation of the non-Mussulman population--and it should never be forgotten that this must come in some form. England does not insist upon it now, but she will, and so will all Europe. It would be far better for Turkey if it could be brought about by the Christians themselves; but if it is not, it will be forced upon the Turks by direct European intervention, or possibly by the overthrow of the Empire. The Egyptian Crisis.