occupation of egypt Flashcards
When did Isma’il Pasha become governor of Egypt?
1863
What did Isma’il Pasha do?
New hospitals and medical schools which used modern westernised medicine
Law reforms (hybrid Islamic/French legal system)
Transformation of agriculture (cotton and sugar)
Improved paved roads/bridges/railways
What did Isma’il Pasha’s reforms cause?
Bankruptcy
When did the Suez Canal open?
1869
Who was the Suez Canal built by?
Frenchmen using Egyptian forced labours.
How many workers died building the Suez Canal?
120,000
How many miles does the Suez Canal stretch?
120 miles between the Mediterranean and the Red Sea
What is the significance of the Suez Canal?
It improves trade routes to India- before it was 12,300 miles for Britain, with the Suez Canal it was down to 7,200 miles.
How did Egypt’s bankruptcy affect the Suez Canal?
Shares in the project were made internationally available
When did Pasha sell his 44% shares in the Suez Canal to pay debts?
1875
Who bought Pasha’s shares in the Suez Canal?
Disraeli secretly bought them using a loan from wealthy Rothschild family without parliaments consent.
Who owned the other 56% in the Suez Canal?
France
When did Caisse De La Dette Publique form?
1876
Why did Caisse De La Dette Publique form?
Egypt defaulted so was pressured by creditors into accepting signification external interference in financial affairs
What did Caisse De La Dette Publique do?
It meant the Egyptian government needed permission of Caisse to spend the remaining revenue