Let it be perfectly clear, however, that nothing is farther from my intention than to intimate that British rule has not been beneficial to Egypt. No fair-minded person who was familiar with the appalling condition of the country and its people before the English came, and with their present state of prosperity, would cast so much as the shadow of a doubt on the wonderful improvement which has been brought about. The story of Egypt's rise from practical bankruptcy until its securities are now quoted nearly as high as English consols reads like a romance of the gold fields. During the last few years the country has been experiencing a land boom equal to that of southern California, property in Alexandria having sold at the rate of one hundred dollars a square yard; scientific irrigation, combined with the completion of the great dam at Assuan, has enormously enlarged the area of cultivation and has made Egypt the second greatest cotton-producing country in the world; the national debt has been materially reduced; and, most significant of all, Egypt's European bondholders have consented to have the interest on their bonds reduced from seven to three and a half per cent. Life and property have been made as safe in Port Said and Zagazig and the Fayoum as they are in Yonkers or Salem or New Rochelle; slavery has been abolished; official corruption has been rooted out; forced labour for public works is no longer permitted; an admirable system of railways brings the entire cultivated area within reach of the coast; hospitals have been established in all of the larger towns; while every phase of the public health has been so closely watched that the population of the country has actually doubled in the thirty years since the English came.