10 OCTOBER 1896, Page 18

The only news from Turkey is that there will be

a deficit of 24,000,000 in the Budget of the year. That is serious news, but we would warn our readers against exaggerating its importance. So long as the household guards are paid, an Oriental Empire can get on almost without money. Everybody is left without wages, but everybody is permitted to plunder, and till the insurrection or the mutiny comes everybody in service makes more than the Treasury would give him.