The Control, when first established, simply meant that Egypt should
go into liquidation, and pay so much in the pound to its creditors, a
couple of European controllers with half a dozen clerks, being
appointed by the Egyptian Government to receive the composition from
the Egyptian Treasury, and to hand it over to the various classes of
bondholders. To this there could have been no sort of objection;
but, little by little, this simple and semi-private arrangement was
converted into a so-called international obligation on the part of
the Egyptians to remain eternally divested from all control over
their own expenditure, and to allow their entire financial
administration to be placed in the hands of about 1300 Europeans,
with salaries amounting to nearly £400,000 per annum, whilst the
Controllers themselves had seats in the Cabinet, with a veto upon
everything proposed by their Egyptian colleagues. France and England
were the executive officers of this scheme. If the Egyptian officers
had assented to it, nothing further was to be said, except that they
were singularly and curiously wanting in patriotism. However we find
now that they did not, and that we have been under an illusion. The
Notables and the entire country were--to their credit be it
said--opposed to it. Arabi took advantage of this feeling. He sided
with the country, and at the same time made his bargain. "I," he
practically said to the Notables, "support you in your rights; as a
_quid pro quo_ you must support me in what I am pleased to call the
rights of the army--that is to say, that it shall be increased by
18,000 men." Without the army the Notables were powerless; they
accordingly accepted the terms. We therefore find ourselves in the
position that we were fully justified in asserting that Arabi was a
self-seeking military adventurer, but that he was also the exponent
of the legitimate {203} demands of the Egyptian people. The Control
had become political--it was no longer a reasonable financial
arrangement, but an unreasonable and improper attempt to deprive the
Egyptians of their rights, in order to secure high salaries for a
swarm of European locusts, and certainty of interest to European
bond-holders. Those, therefore, who had regarded it in its natural
original conception, as fair and useful, have a perfect right to
assert that this original conception had been so perverted that it
had become a monstrous instrument for the suppression of all national
vitality.
We, however, were tied to France. If we had not interfered, France
probably would have done so. Moreover, we foolishly had pledged
ourselves to maintain the Khedive in his position. The only way,
therefore, to get out of the complication was to cut the Gordian
knot; but, in order to do this, we were necessarily obliged to adopt
the theory that Arabi was a mere military adventurer, who was
attempting for his own ends to coerce not only the Khedive but the
Egyptian people.
Public-domain text, read in full here on John Shaqi.
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