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Show CONTROL OF SUEZ CANAL There Is a vaguo Idea abroad that Great Drltaln controls tho Suez canal. can-al. In point of fact the canal Is owned and controlled by an Egyptian company under French company law. Great Britain Is only a shareholder to tho extent ot 176.602 shares out of a total of 400,000. In tho admlnlstra tlve council Intrusted with its management man-agement Drltlsh Interests are represented repre-sented by only ton out of thirty-two members, nnd of these ten only three nro appointed by the British government, govern-ment, the other seven representing Drltlsh Blilp owning interests. The mero statement of these facts Is sufficient suf-ficient to sho wthal tho Turkish government, gov-ernment, If It attacks tho canal will find Itself up against varied and Important Im-portant Interests, Including the Egyptian Egyp-tian government, which Is a very Inrgo holdorof enormously appreciated appreciat-ed stock. The shares purchased by tho Drltlsh government from tho khe-dlvo khe-dlvo forty years ago for twenty million mil-lion dollars are now valued at closo to two hundred millions. Great Drltaln, Russia and Franco will havo the entire sympathy of the civilized world In putting up a siren uotis defense ot the Sues .canal as a woild waterway. Tolls are charged in order to keep the canal efficient, but they are levied on all users ot tho canal alike, and the waterway is open to the ships of all nations on precisely the same footing, whether they are war vessels or merchant ships. Seeing that Lord Kitchener, in addition to his Soudanese and HIndustnnee experiences was for two years the financial adviser of the khedlve one of tho peculiarities-, ot that office being that without the concurrence of the Incumbent no fl nauclal decision can be adopted or carried out It may be assumed that he thoroughly understands every as pect ot the situation and Is making his preparations accordingly. Toronto Tor-onto Globe. |