29 JANUARY 1876, Page 2

The Pera correspondent of the Times is positively assured that

the Sultan insisted on receiving the full dividend in cash for his Turkish bonds, valued at £8,000,000. The money was therefore paid him in cash in full, without coupons. The statement may be true, for the Sultan would not reflect on the effect of such an order, but it does not look true. While there is a piastre in the Turkish Treasury, the Sultan's cheques will be cashed, and there is no reason for his enforcing so cynical a claim. It is his will to re- quire £200,000 extra, and that within his dominions is sufficient. If he required heads instead of pounds, he would have them, though he might be deposed afterwards.