The Suez Crisis caused great disagreements between the worlds main superpowers and especially endangered the relations between Britain and the USA. Not only did this crisis threaten Britain’s world relations but it also cause large controversy within Britain. The Suez Crisis began in 1956 as a result of America refusing to fund Egypt on its high dam project, which they believed would help Egypt become a more powerful and wealthy state. The Egyptian President, Nasser, therefore decided to nationalize the Suez Canal to help bring in national income. Britain and France did not agree with Nasser’s decision, as the canal for them was vital for trading with many eastern countries. Nasser’s decision of nationalizing the canal and bringing in a toll charge to help the funding of the high dam project in Egypt largely affected Britain and France. Anthony Eden, the Prime Minister of Britain, rejected Nasser’s plans for the Suez Canal and decided to take action by attacking Egypt and, in turn, affecting many other countries along with Eden’s status and the reputation of the Conservative party.
As Prime Minister and an active member of the Conservative party, Anthony Eden chose to take action on Nasser’s nationalization of the canal, and decided to act independently against him. This was Eden’s first and final decision as Prime Minister. Unfortunately through this act, Britain lost 15% of its gold and dollar reserves and had to ask for the help of America who was less than enthusiastic to get involved as they were currently engaged in the Cold War. Eisenhower, along with many others, was furious at Eden’s decision and many blamed him directly for the outcome rather than the conservative party. Source 4, an extract from a history booklet about Britain from 1929-98 supports this theory as it says, “Politically, Eden was finished. He had ruined his own reputation”. This agrees with