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The 1956 Suez Crisis

CHAPTER 6 The 1956 Suez Crisis On July 26, 1956, Egyptian President Gamal Abdel Nasser nationalizedthe Suez Canal. The ostensible reason for the nationalization was to usethe tolls to nance the building of the Aswan Dam. Nasser s action was anact of revenge against the British and the French, who had previously heldcontrol of the company that controlled the Canal. This con ict precipi-tated an international Crisis over ownership and operation of the French and British were immediately thrust into the domain oflosses by the nationalization of the Canal.

defuse the situa tion in order to lessen the likelihood of a military clash. He dispatched Secretary Dulles to London with a plan for an International Board to operate the Canal. Twenty-four countries met in London on August 16 to discuss this plan. Those countries included the …

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