EGYPT. 



(1 piaster = 4 cents), in 1862 at 506,000.000, postal-cards 48,000 ; the pieces of printed mat- 

 in 1870 at 1,028,000,000, in 1876 at 1,888,000,- ter, newspapers, and merchandise, 1,556,000 ; 

 000, in 1876 at 1,856,000,000, in 1877 at 1,275,- the number of money orders sent, 88,125, 

 000,000, in 1878 at 810,000,000, in 1879 at for 89,608,000 piasters; the number of money 

 1,844,000,000, and in 1880 at 1,298,000,000 packages, 82,500, for 1,107,000,000 piasters. 

 piasters. The commerce with the different The number of foreign letters and postal-cards 

 countries in 1880 was as follows (value in pias- sent and received was 1,625,139; of newspa- 

 ters): pers, etc., 1,063,000; of money orders, 11,440, 



for 4,500,000 piasters. 



The two Comptrollers-General, Do Blignieres 



i.r. it r.i:..n :;i-.7v.'.""<> '.Mi7.4'.i4,ooo and Colvin, made their annual report to the 



KS , 1 3J8S "$X& Khedive on the 21st of February. The former 



Italy...'.'!.'.'.'.'.'.'.'.'.'..!.. s,74t,ooo 64,sj4,uoo Viceroy, Ismail, had not only plunged the 



Tm ; k. > i .ii i,^'|i i'.'>,'-'o!H country into debt, but had disorganized the 



\ ,'!"."!'," 7!4o8/>oo ''.Cs^ooo entire machinery of the administration. The 



Greec i!o88,ooo i^869,'ooo first task of the two comptrollers was to liqui- 



other countries _J^^_ date the enormous debt. A commission was 



Total 651,993,000 i,293,83'j,ooo appointed, composed of representatives of the 



great powers, and representatives of the 



The value of the principal articles of im- Egyptian Government, which in three months 



port and export in 1880 (in piasters) was as elaborated the decree for liquidation, presented 



follows: to the Khedive on July 17, 1880, and signed 



by him. 



The first step necessary for carrying out the 



Cereals 229,462.000 settlement was to realize on the Rothschild 



^f^"::::::::::::::: 19^606 ^SS loan of 8,500,000 pounds sterling face value; 



Fermented liquors 16.891,000 which would yield, alter the deduction or the 



Articles of food jvs'"s'o! commissions, the first coupon, and the dis- 



Meti'aiid metal goods'.'.!!!! 25,72S>oo !!!'.!!!'! count, 5,635,500 Egyptian pounds ($28,290,- 



Hides. 10,051,000 000). Interminable hindrances stood in the 



ffitfSS*::;::::::- i&ifr w85B way of the realization Other public creditor. 



Wood and ivory 27,086,000 2,970,000 held mortgages upon the state demesnes which 



Wovengoods ^o'^iMXS were hypothecated for this loan, and new liens 



Yarns 18,944,000 , J \ ,, . . \ r 



Machinery i2,2S6,m were being constantly registered. Ihe prior 



Boots and shoes 13,719,000 mortgages were finally lifted by means of 



Ka^f and oils!!." ".'::.' !.'!.': srffiooo 20,V,666 money advances from Rothschild, after the 



Other goods 68,808,000 42,9S9,ooo later claims had been removed by a viceregal 



Total.. . ~~^mjwr\ 1,298,832,000 decree annulling the judgment of the Court of 



_ Appeals at Alexandria, and declaring the de- 



The receipts of the Suez Canal Company for mesnes not subject to execution. The pro- 



1880 amounted to 41,790,900 francs, the ex- ceeds * the loan were thus made available, 



penses to 28,811,803 francs, leaving a balance The financial transactions for the first year left 



of 12,979,097 francs. After deducting the a surplus. The comptrollers apply the entire 



statutory reserve of 5 per cent, a balance of surplus from the revenues set aside for the 



12,330,145 francs remained. In 1880, 2,017 settlement of the debt, when there is a surplus, 



vessels, of 4,378,064 tons, passed through the to * he sinking fund. If they yield a surplus 



canal. The nationality of these vessels was as sufhcient to satisfy the stipulated requirements 



follows: f ft" 6 sinking fund, one half of one per cent 



' of the amount of the public debt annually, the 



COUNTRIES. veh. Tonng. remaining revenues are left at the disposition 



Great Britain... 1,579 8,460,977 ? f the Government ; but, if they do not, enough 



France 108 274.990 is taken from these to make up the amount re- 



Anrtru an .'! S . TO 116041 1 ^ uired for sinking the debt. The budget for 



Italy ...!.!'.!'.!.!'.!'.!'.!'.!'.!!.".!! ios'279 1881 was made up in "accordance with these 



^P* in B4 fir rotes- The ordinary receipts for the foregoing 



Ruseu!! 7 '. '.'.'. '.'.'. ".'.!' 4e'689 7 ear wer e 5,034,267 Egyptian pounds as re- 

 Denmark !..!!!!!!!.". 11 ii!o30 turned by the departments, and 4,370,030 



K52';* H^:::::::::::: $$ p unds ($21,740,900) when comptroller The 



Portugal 6 5,339 extraordinary receipts were expected to amount 



to about 300,000 pounds ($1,500,000), and were 



Total 2,017 4,878,064 disposable by decree of the Khedive. The 



comptrollers recommended their application to 



The length of railway lines in 1880 was public works, as 135,000 Egyptian pounds were 



1,518 kilometres. The number of post-offices needed for the railroads, and as much as 300,- 



in 1880 was 130. The number of domestic 000 for public buildings. The revenues for 



letters sent 'was 2,925,084; the number of 1880, the report shows, yielded under the re- 



