Show OX THE much speculation 13 rife among the thinking men of tho day aa to whether the only object of the british government in prosecuting a war so called egyptian rebel arabi pasha is ns they avow simply to alio payment to alic english bondholders bond holders tho immense aura 0 borrowed and squandered hy tho predecessor of tho present they havo disavowed any inton aion of annexing egypt or of occupying any portion of ilio isthmus or of the delta they have repeatedly assorted that their bolo dim is the maintenance of asiat aug which havo been sanctioned by alie if they reinstate towfik and suppress tho military revolt so that the immense interest on the borro ived money vill continuo to be paid is heretofore the avowed ends of policy wil bo accomplished if they any part of egypt or station permanent garrison at port alexandria they will ba false to choir pledges mr Glad stones lifelong hostility to annexation projects and hh sturdy respect for the moralities ot politics and diplomacy have an important bearing on these contingencies the british policy in egypt may have been lacking in foresight but it has been consistent and alc so lout as any compromise was possible between tho military party and tho sovereign force was not employed when the country was brought face to face with anarchy it became necessary for tho british ministry to choose between upholding the sovereign who had been faithful to his obligations to europe and making terms with tho leader of a military revolt alio was acting in collusion nicch a ous ring of pachas in constantinople even it they had not been bound by every principle of national honor to support the khedive the of the short waterway water way to asia would have compelled them to oppose arabi ho was a military adventurer choso whoso power depended upon alio personal loyalty of the army iio was popular because ho represented alio national sentiment in the crude form of hostility to foreign iio had secret intrigues with alio sultan and openly defied the public law of europe tho commercial interests of east and west would bo menaced by liis supremacy pre macy the british government consequently had no alternative they acro forced to support the there has been no lack of continuity in glands En policy she began by exciting hoi at cabio and constantinople but the khedive was helpless and tho sultan would do nothing she then appealed to the powers to diclaro how tho will of europe could been forced before the decision was readied her fleet was menaced by arabis earth works and alexandria was burned and pillaged but when tho catastrophe came her attitude remained unchanged her marines and troops acro on shore and her forces acro protecting tho canal but tho first measures hail boon taken for tho rc of ho and tho 0 order in the delta alo action of alic temporary garrison at alexandria had been wholly in ac cord with the policy which mr glad alono lias repeatedly defined at westminster the sovereign has lacu supported and to bo vapidly regaining authority over his subjects the has invited the sultan to send troops to tho nile if ho acquiesces and that ia tho worst thing thai can pos bibly happen ao far as egypt is concerned tho british forces can bo temporarily withdrawn to alic line of ho canal or distributed among tho garrisons if le refuses england will have her troops on alio ground to protect alio to restore icaco and to suppress a revolt which menaces alic commercial interests of east and west if trance unites with glicr in tho military operations the risks of joint oc cup alion by rival powers will bo in thero remains n wide for european jealousies and intrigues which is open only to vague and unprofitable conjecture tho acas thought is eliat england occupies tho position in in tho present crisis and that her policy lins licon explicitly defined by a who throughout hia career has never violated li m pledges nor etli his |