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J i SHE. HEY OF ALGIERS. <

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J i SHE. HEY OF ALGIERS. SUSPENSION OF PAYMENT. 8idfM<&awd-«I-Sadok, Bey of Tunis, is about to take satep, says the Daily NerbI, which will make him a vecyiatereating personage in Earope, but especially in. Fraisee. The Bey is well-nigh independent of the Saltasn^ hM suzerain, paying no tribute, but: being bound-tafumish the Sultan with* small contingent of troops in time cf war, of which obligation he has long giQi^ aequ'rtttxJ himself so far as the war between Turkey and Russia is concerned. He has also a public debt of JE3,000,000, which is certainly a respectable sum for so small a State to owe, and to help him manage this debt h<» has, like the Khedive; an International Finance Commission, of which Englishmen, Frenchmen, and Italians are members. Now the Bey is no doubt anxious for the "settlement and gradual extinction of the debt," but he is- even morj solici torus for the triumph of the Mohaonaedfta cause in Boumelia and Bulgaria, so he has resolved, as a telegram from Constantinople informs us. to "make furrher sacrifices in favour of Turkey." "What the Bey is about to sacrifice is not aaything wMeh belongs to him, but the rights of his creditors. To quote the Turkish telegram again, the Bey h .s declared his intention of suspending the payment of the non-hypothecated portion of the. coupon of the Tunisian debt." This is an easy i way of being patriotic, or faithful, or whatever is tbe correct name for the Beys public virtue; but we are not surprised to find that the French Consul has protested against the measure, which cer- tainly, more resembles the bigh-handed proceedings of the old knights of the road than the just conduct expected of modern Governments, be they African or European, Mohammedan or Christian. The Bey is not acting under constraint, or fulfilling a treaty or a political obligation, but confiscates the money of his creditora out of mere arbitrariness. He seems to have forgotten the lesson taught him when his affairs were last regulated by jffiuropean intervention. f -<

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