Note 236 — Chapter XI · THE SECOND BATTALION. 1882-1883. THE WAR IN EGYPT.
Reading edition
The British Government in 1875 suddenly bought up four millions’ worth of Suez Canal shares, owned by the Khedive, which he was about to put upon the market. This stroke of policy made England a large shareholder in the Canal Company, and therefore gave her an important position in the commercial management of its affairs.