by Issued by the National Union, St. Stephen"s Chambers, Westminster, S.W. in London .
Written in English
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The Suez Crisis, On J , Egyptian President Gamal Abdel Nasser announced the nationalization of the Suez Canal Company, the joint British-French enterprise which had owned and operated the Suez Canal since its construction in The Suez Canal was financed by the Suez Canal Company, a joint-stock company headquartered in Paris. At the time of its founding, France had 52 percent of shares and Egypt held 44 percent. By , Egypt’s shares had been sold to Great Britain, which assisted in the canal. Suez Crisis, international crisis in the Middle East, precipitated on J , when the Egyptian president, Gamal Abdel Nasser, nationalized the Suez Canal. The canal had been owned by the Suez Canal Company, which was controlled by French and British interests. In July , Colonel Gamal Abdel Nasser, Egypt's charismatic and nationalist leader, decided to seize and nationalize the Suez Canal, which until then had been administrated by the British military.
The Suez Canal is actually the first canal that directly links the Mediterranean Sea to the Red Sea. It was opened for navigation on the 17 th of November Egypt nationalized the canal on the 26 th of July The Canal was closed five times; the last time was the most serious one since it lasted for 8 years. New Suez Canal The dredging of the canal took almost 10 years using Egyptian labor, and it was opened for navigation for the first time in 17 November Its depth was about 8 meters, its water are was m 2 and the largest ship load that can pass through was tons, which was typical for ships sizes in these days. Chancellor of the Exchequer who proposed a new series of taxes on the colonists. Townshend Acts. the series of taxes on colonial imports imposed on the colonies by Charles Townshend to raise money for the English treasury. Writs of Assistance. " But," it was remarked to him, " it is not a railway, it is a canal ; it is not an island, it is an isthmus ; it is not in Sweden, it is at Suez. Appears in 8 books from Page 55 - I am glad to be able to be revenged on them by taking shares in the Suez Canal.".
rose to call attention to the proposed arrangement with regard to the future management of the Suez Canal. He was encouraged to that course by the language used by the right hon. Gentleman the Prime Minister on the occasion of the third reading of the Bill authorizing the issue of Exchequer Bonds to pay for the purchase of the Suez Canal Shares. The new Suez Canal should reduce wait times and increase passages. The Symbolic versus Economic Value of the New Suez Canal. Aug • International Trade • by The Conversation Chancellor of the Exchequer of the United Kingdom from to Prime Minister of the UK between and Iain Norman Macleod (11 November – 20 July ) was a British Conservative Party politician and government minister.. A playboy and professional bridge player in his twenties, after war service Macleod worked for the Conservative Research Department before entering Parliament in He was an outstanding orator and debater, and was soon appointed Minister of Health, later serving as. Today the Suez Canal runs from Port Said to the Gulf of Suez. Excavation of the canal began Ap , and on Novem , the canal was completed, allowing ships to pass directly from the Gulf of Suez to the Mediterranean Sea bypassing the trip around the Cape of Good Hope on the Horn of Africa.