Summary

Hugh Chisholm 1911 Encyclopædia Britannica, Volume 14… (1911)

It needed a bureaucracy which it would have been hard to equal for its combination of cowardice and corruption. It needed the whole gang of swindlers—mostly European—by whom Ismail was surrounded.” It was his early encouragement of Arabi, and his introduction of swarms of foreign concession-hunters, which precipitated the “national movement” that led to British occupation. His greatest title to remembrance in history must be that he made European intervention in Egypt compulsory.
Source: Wikisource

Hugh Chisholm 1911 Encyclopædia Britannica, Volume 14… (1911)

His own position had to be strengthened, and the country provided with institutions after European models. To these objects Ismail applied himself with energy and cleverness, but without any stint of expense. During the ’sixties and ’seventies Egypt became the happy hunting-ground of self-seeking financiers, to whose schemes Ismail fell an easy and a willing prey. In 1866–1867 he obtained from the sultan of Turkey, in exchange for an increase in the tribute, firmans giving him the title of khedive, and changing the law of succession to direct descent from father to son
Source: Wikisource

Hugh Chisholm 1911 Encyclopædia Britannica, Volume 14… (1911)

In 1874 he annexed Darfur, and was only prevented from extending his dominion into Abyssinia by the superior fighting power of the Abyssinians. But at length the inevitable financial crisis came. A national debt of over one hundred millions sterling (as opposed to three millions when he became viceroy) had been incurred by the khedive, whose fundamental idea of liquidating his borrowings was to borrow at increased interest. The bond-holders became restive. Judgments were given against the khedive in the international tribunals.
Source: Wikisource

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