1956 Episode 2.4 examines Britain's embarrassing and dissatisfying efforts to try and make Egypt see sense.
Here we see what kind of Government Anthony Eden led, and how he shook it up, or failed to shake it up, after he assumed the premiership in spring 1955. Anthony may have deserved his turn, but he would quickly exhaust the sense of goodwill he had built up over the years. In spite of his reputation for integrity and bravery when standing up to the appeasement policy of the 1930s, Eden proved wholly ill-equipped for dealing with this strange new world. Emerging from Churchill’s shadow, he felt extra pressures to act as though nothing had changed, and to pursue a Conservative foreign policy mindset as though he was still living in the 1930s.
After setting Eden’s premiership in context, we switch gears to President Nasser’s policy. Nasser had great ambitions for his country, and these centred on getting Egypt on track technologically, and fixing the grave problems which geography and poverty presented. The Aswan Dam was a radical solution which would solve these problems in one go. By the construction of this billion dollar project, the Nile could be harnessed, disastrous floods avoided, and the energy of nature made proper use of for industrial purposes. It seemed like the ideal solution, save for the key problem that Nasser lacked the kind of money required to engage in this building project.
While he was increasingly turning towards the Soviets for arms, for the moment, he was happy to look to the Anglo-American bankers to put up the funds.
The decision of the Americans and British to put up the money for this construction project may seem, in the context of the mid-1950s and especially considering what would follow, like a very odd decision indeed. Yet, as we’ll see, the Aswan Dam was not the investment opportunity which the British had hoped. Instead, once they and the Americans reneged on the deal, it proved to be the nail in the coffin of the already shaky Anglo-Egyptian relationship, and the beginning of a road towards conflict and crisis.
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1956 - The Suez Crisis #2.14: Attacked At Home
1956 - The Suez Crisis #2.13: When A Plan Comes Together
1956 - The Suez Crisis #2.12: Collusion And Delusion
1956 - The Suez Crisis #2.11: A Protocol For War
1956 - The Suez Crisis #2.10: Israeli Sneaky
1956 - The Suez Crisis #2.9: The Fix Is In
1956 - The Suez Crisis #2.8: Deception As Policy
1956 - The Suez Crisis #2.7: Blind Intrigue
1956 - The Suez Crisis #2.6: The Entente Rides Again!
1956 - The Suez Crisis #2.5: Oh No Cairo
1956 - The Suez Crisis #2.3: Egyptian Conniption
1956 - The Suez Crisis #2.2: Suez, A Life
1956 - The Suez Crisis #2.1: Bitter French Pills
1956 Part Two: The Suez Crisis Introduction
1956 1.15: Socialism Stays
1956 1.14: Lessons Learned and Forgotten
1956 1.13: Crushing Hope
1956 1.12: Hope Springs
1956 1.11: Gone But Nagy Forgotten
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