The greatest principle on which the success of these companies depends is the ease with which they can borrow money at low interest. This is only possible if they are established on the legal basis of registered civil companies and their finances are placed under the supervision of a financial controller. A law is often enacted on these principles, and it is hoped that the principle of agricultural cooperation will be widely applied to villages by establishing numerous syndicates. Their administration, whether in terms of their operations or their finances, is always a matter of trust, and the small farmer receives great and valuable assistance from them.

As for the "Jubariya" knowledge on the plan that was previously mentioned. It is noteworthy that an elementary school was established in Cairo. However, this principle of free education is not entirely new in Egypt. Poor students of the Kuttab (traditional schools) who cannot afford to pay are taught for free there. Means of learning are available for free in institutions higher than elementary schools through grants that successful students can obtain in legal and technical schools. Students of teacher training schools enter and are taught there for free. The introduction of free education in elementary schools now is a series of facilities that enable poor students, whose paths have been blocked, to improve their future living conditions. They are now educated at school for free, and more caution is exercised so that only poor students who deserve this assistance benefit from it.

As for the governor of the plan, I have nothing more to say about it than what I mentioned in my previous report. However, I am pleased to mention the progress of matters, which is good in terms of procedures. In my last report, I mentioned the procedures for collecting debts that are mortgaged and difficult to collect from land. To procedures, then I introduced other reforms more profound than those in the past year, and a new law was issued that closes the doors of postponement and delay that some unscrupulous directors used to exploit to delay the payment of their debts and postpone their collection. This law also narrowed the paths that others used to enter, as they did not enter without enforcing judgments. Postponement was also stipulated in the delivery of notices, and the fee schedule was amended, and other minor reforms were introduced into the current system. However, the issue of the overall system remains unsolved, and I do not see how the situation can be fundamentally reformed as long as its flaws and shortcomings are imposed by the system of foreign concessions. This issue has been raised in reports issued many years ago regarding the necessity of fundamentally amending this system. This issue will be resolved soon.