ked. "In 1883--the first complete year after
the British occupation--the revenue was slightly under 9 millions. This
sum was collected with difficulty. The revenue steadily rose until, in
1890, the figure of 10 millions was exceeded. In 1897 a figure of over
11 millions was attained. Continuing to rise with ever-increasing
rapidity, a revenue of close on 12 millions was collected in 1901 and
1902, in spite of the fact that during the latter of these two years the
Nile flood was one of the lowest on record. In 1903 the revenue amounted
to 12-1/2 millions, and in 1904 the unprecedented figure of LE.13,906,000
was reached."[7] Yet during this period the amount of direct taxation
remitted reached LE.1,900,000 a year. Arrears of land tax to the extent
of LE.1,245,000 were cancelled. In indirect taxation the salt tax had
been reduced by 40%, the postal, railway and telegraph rates lowered,
octroi duties and bridge and lock dues abolished. The only increase of
taxation had been on tobacco, on which the duty was raised from P.T. 14
to P.T. 20 per kilogramme. At the same time the house duty, with the
consent of the powers, had been imposed on European residents. The fact
that during the period under review Egypt suffered very severely from
the general fall in the price of commodities makes the prosperity of the
country the more remarkable. Had it not been for the great increase of
production as the result of improved irrigation and the fiscal relief
afforded to landowners, the agricultural depression would have impaired
the financial situation. In this connexion it should be stated that
during 1899 the reassessment of the land tax, a much-needed reform, was
seriously taken in hand. The existing assessment, made before the
British occupation, had long been condemned by all competent
authorities, but the inherent intricacies and difficulties of the
problem had hitherto postponed a solution. After careful study and a
preliminary examination of the land, a scheme was passed which has given
satisfaction to the landowning community, and which distributes the tax
equitably in proportion to the fertility of the soil. The reassessment
was completed in 1907.
The cost of internationalism.
While the country thus prospered it also suffered greatly from the
restrictions imposed by the system of international control. This system
produced a great disproportion between the sums available for capital
and those available for administrative
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