When, therefore, Disraeli became aware that pressure was about to be applied to the Porte by the three Powers above named, he warned them that he considered any such action to be inopportune, seeing that Turkey ought to be allowed time to carry out a programme of reforms of recent date. By an _iradé_ of October 2, 1875, the Sultan had promised to _all_ his Christian subjects a remission of taxation and the right of choosing not only the controllers of taxes, but also delegates to supervise their rights at Constantinople. In taking these promises seriously, Disraeli stood almost alone. But his speech of November 9, 1875, at the Lord Mayor's banquet, showed that he viewed the Eastern Question solely from the standpoint of British interests. His acts spoke even more forcibly than his words. That was the time when the dawn of Imperialism flushed all the eastern sky. H.R.H. the Prince of Wales had just begun his Indian tour amidst splendid festivities at Bombay; and the repetition of these in the native States undoubtedly did much to awaken interest in our Eastern Empire and cement the loyalty of its Princes and peoples. Next, at the close of the month of November, came the news that the British Government had bought the shares in the Suez Canal, previously owned by the Khedive of Egypt, for the sum of £4,500,000[94]. The transaction is now acknowledged by every thinking man to have been a master-stroke of policy, justified on all grounds, financial and Imperial. In those days it met with sharp censure from Disraeli's opponents. In a sense this was natural; for it seemed to be part of a scheme for securing British influence in the Levant and riding roughshod over the susceptibilities of the French (the constructors of the canal) and the plans of Russia. Everything pointed to the beginning of a period of spirited foreign policy which would lead to war with Russia. [Footnote 94: For details of this affair, see Chapter XV. of this work.] Meanwhile the three Empires delayed the presentation of their scheme of reforms for Turkey, and, as it would seem, out of deference to British representations. The troubles in Herzegovina therefore went on unchecked through the winter, the insurgents refusing to pay any heed to the Sultan's promises, even though these were extended by the _iradé_ of December 12, offering religious liberty and the institution of electoral bodies throughout the whole of European Turkey. The statesmen of the Continent were equally sceptical as to the _bona fides_ of these offers, and on January 31, 1876, presented to the Porte their scheme of reforms already described. Disraeli and our Foreign Minister, Lord Derby, gave a cold and guarded assent to the "Andrassy Note," though they were known to regard it as "inopportune." To the surprise of the world, the Porte accepted the Note on February 11, with one reservation.