The affairs of Egypt have been so fully discussed in England that it is unnecessary for me to do more than to indicate the course of thought on this subject at Constantinople. At the outset, the Sultan and his Ministers sympathized with the Khedive. They feared that European intervention at Cairo would pave the way for a similar intervention here; and when he appealed to the Sultan he had reason to expect his support. But the Turks thought they saw their opportunity to regain their hold on Egypt, and the Khedive was summarily removed. The Turkish papers here did not hesitate to rejoice over it as a "new conquest of Egypt," and it is still believed here that this view of the subject was encouraged by England, that it was the purpose of Lord Beaconsfield to escape from the embarrassing demands of France by restoring Egypt to the control of the Sultan. But when the Turks found that they had been misled or mistaken, and that Egypt was less than ever under their control, they regretted the steps which had been taken, and began once more to sympathize with the Khedive whom they had deposed. He was very liberal in his expenditure of money at Constantinople, and always found it for his interest to maintain a host of retainers here; but the new Khedive will have no money to spend here, and will need agents in Paris and London rather than in Constantinople. The tribute-money no longer comes here, but is paid to bondholders in England and France. There is no hope of putting any more Turks into lucrative offices in Egypt. In short, the connection of that country with Turkey is no longer anything more than nominal, and the Turks feel their disappointment very keenly. They have now but one hope left. They understand very well the difficulties which must arise from a joint protectorate by France and England, and hope that the mutual jealousies of these Powers may throw Egypt once more into the hands of Turkey. The tone of the French press, even of so cautious and conservative a periodical as the _Revue des Deux Mondes_, gives them some ground for this hope; but the Khedive lost his throne by giving too much importance to this mutual jealousy, which manifested itself much more plainly in Egypt than it did in Europe; and it is to be hoped that the Turks will be equally disappointed. Every one in the East regards the present situation as impracticable and temporary, but it may result in the independence of Egypt under a general European protectorate, or in a further division of the Ottoman Empire by the annexation of Egypt to England and Syria to France. The opportunity of annexing Egypt without compensation to France was lost when England refused to listen to the suggestions of Germany three years ago, because, as Lord Derby is reported to have said, it would have shocked the moral sense of the world. The Greek Question.