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 duties and conditions of which the value has been assured and fixed by our Imperial orders, previously issued.

By our Imperial Firman dated the 5th Safer, 1284, the internal administration of Egypt, and consequently its financial, material, and other interests, have devolved on the Egyptian Government.

Our Imperial favour has granted it all that is connected with the development of internal organization and general progress.

In this state of things, thou hast submitted to me that some restrictions and exceptions contained in my Firman of the 22nd Chaban, 1286, were creating serious obstacles to the complete development of the prosperity of Egypt.

It is evident that the prosperity of the country and the welfare of my subjects are both, in my eyes, of the highest importance, and the object of my dearest wishes.

The realization of these wishes naturally depends on the means and facilities granted to satisfy requirements which result from them.

As such has been my Imperial will, it is contrary to my desire that the progress and prosperity of Egypt should be obstructed by restrictions placed on the privileges which my sovereign munificence had granted to the Egyptian Government in its material and financial interests.

I have therefore ordered the maintenance in full of the privileges granted by my Firman dated the 5th Safer, 1284, and I have issued this supreme order from my Sublime Porte, and given it to thee.

The 7th day of Redjeb, 1289 (September 10, 1872).

Imperial Khatt addressed by the Sultan to the Khedive of Egypt, renewing the authority to contract foreign loans. 25th September, 1872.

The material and finanicial administration of Egypt having been conferred on thee, in every respect and entirely, by my various Imperial Firmans, the power of making foreign loans, and of devoting them to the welfare of Egypt, is included in the privileges specially granted to the Egyptian Government.