Egyptian politicians today voiced their rejection of Italian pretentious towards a revision. of the Suez! Ginats, Administration and "one Ing Eaypl's Interests."
assized the necessity of safemuard-
The Government newspaper, "Al Balagh," published "an article significance written by. the editor, Abmel Kader Hamza Pasha, who Is in close contact with political and diplomatic leaders here.
The news organ studies Holy's three claims, chlor of which demands revision of the Suez Canal Company's status as a joint-stock company and {is transformation "Into a" corporative concern distributing dividend of only to fs share-holders but iso tothe 'States where - shipping passes through the Canal. 'The mews Srgin also examines Rome's claims for two seats upon the" Canal' Administration Council and for a imitation of profits to seven or eight per cent, of the Company's capital.
With regard to the first demand, Hamm Pasha. fecalled Ghat Article 2of the "rman" granting Ferdinand Lesseps the right to" bulld and Seplott the Canal prohibited any rodifestion of the company's status {uithout the consent of the Egyptian Government.
'The Act of Concession, accorded by Khedive small in' 1856 reatlimed Egypt's right to forbid. all. modifieations. of the company's status and permitted Egypt to have a. perman-Ent delegation assuring' the" exceution of il clauses of the "rman: were accepted," Hamza Pasha" con-the changes claimed by Lilly Unwed. "1 would be. contrary to these, clauses and. would constitute Violation of Eeypt's rights."
With regard to Rome's second demand, the eliter of "Al Balagh Soclared. that Egypt should demand tne or two extra peats'n the Canal father interests, Tay' received fany's Council, to properly de-
one of two. extra seats. Finally, Haman Pasha asserted that a redue-of tant rates was possible, but that such procedure should not be examined. without consultation of the Egyptian Government—themselves.
concluded in stating. "Exypt Cannot agree to the Canal. becoming takes jon of upon expira-business profitless to her when she
tion of the Act of Concession." Havas.
Text read from the printed page and cleaned; old type leaves the occasional error.