
EGYPT: ECONOMIC CHANGE
which had been eschewed by British administrators, was finally
adopted from 1930. The establishment in 1920 of Bank Misr,
controlled and managed by Egyptians, indicated a commitment,
on the part of a rising Egyptian entrepreneurial class, to economic
as well as political independence.
4
Although most prominent in
textiles, Bank Misr established a diverse group of industrial and
service companies. At the start of the Second World War,
however, agriculture remained dominant in the Egyptian econo-
my :
over two-thirds of the country's workforce was still on the
land.
Attempts at organising industrial labour were from the 1920s
only partially successful. Strikes were a feature of the 1919 revolt,
and began an identification between organised labour and the
Wafd which continued throughout the inter-war period. Times
of economic recession naturally stimulated unionisation, as after
the First World War and during the great depression when layoffs,
reduced wages, and increased mechanisation combined to worsen
the already appalling condition of the industrial labour class. The
close association between the Wafd and organised labour resulted,
however, in an even greater hostility towards labour demands by
anti-Wafd governments, notably the Sidqi regime in the early
1930s. Such labour legislation as was promulgated was often
ignored by an owner class insulated by its identity with the
political elite. Attempts at forging a truly independent labour
movement failed: a Labour Party established in 1931 disappeared
in a matter of weeks. The relatively small numbers of industrial
workers, the still minor contribution of industry to the country's
economy, and the suspicion attached to unionism, further restrict-
ed the success of the labour movement.
5
The growth of Egypt's population during this period was
steady. According to census figures, the population grew from
9,715,000 in 1897 to 15,933,000 in 1937. Migration to large cities,
especially Cairo and Alexandria, greatly accelerated. It is in
relation to population figures that the results achieved in national
income, standard of living, and productivity must be judged.
Similarly, the expansion of education reflects the surge in popula-
tion. The neglect of education by the British was a major cause
4
Radwan, Capital formation, 168-92.
s
See Marius Deeb, 'Labour and politics in Egypt, 1919-1939',
International
journal of
Middle East Studies, 1979,10 187-203.
753
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