Sir Rivers Wilson, who was then acting in Egypt as English
Commissioner, received instructions to see that France should be
equally represented with England in all financial appointments made
in connection with his inquiry. Wilson's appointment as English
Commissioner on the nominally International Commission of Inquiry was
almost the first signed by Lord Salisbury on taking over the Foreign
Office from Lord Derby. He was a man from whom much was expected.
In 1878 he was appointed Finance Minister in Egypt. His predecessor,
Ismail Sadyk, had been treacherously murdered by the Khedive Ismail,
but this fact did not dash his confidence. He had great faith in
Nubar, Ismail's Prime Minister. His French education would, he
thought, enable him to preserve the Anglo-French character of the
Ministry. He also had behind him the full interest and power of the
house of Rothschild, whom he had persuaded to advance the loan of
nine millions, known as the Kedival Domains Loan. But his brief
career as Finance Minister (the Nubar Ministry was overthrown in the
February of 1879) was a failure. It is the opinion of Mr. Blunt, and
no one would have been more likely to know the true state of affairs,
that the Khedive himself intrigued against him and that the internal
policy of the country was entirely in the hands of Nubar, who, as a
Christian, was at a disadvantage in governing a Mohammedan country,
and in whose political value Wilson seems to have been greatly
mistaken. The loan which he had negotiated did not relieve the
taxpayer, but went in paying the more immediately urgent calls. His
suggestion of a scheme which would have involved the confiscation by
the Government of landed property to the value of fifteen millions
disturbed the minds of the land-owners, and the mistakes of the
Ministry reached their {194} climax when the native army, including
2500 officers, was disbanded without receiving their arrears of pay.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account