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Updated: August 22, 2026
Of the total £E2,354,354 only £E996,223 can be accounted as military expenditure. For the remaining £E1,358,131 Egypt possesses 500 miles of railway, 900 miles of telegraph, and a flotilla of steamers. The railway will not, indeed, pay a great return upon the capital invested, but it will immediately pay something, and may ultimately pay much.
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