Do You Agree with the View That the Suez Crisis of 1956-1957 Did No Damage to the Fortunes of the Conservative Party?

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The Suez crisis caused great controversy within Britain and also did a lot to threaten Britain’s world relations, especially with the USA. The Crisis began as a result of Egypt’s Colonel Nasser failing to get funding from the USA for his high dam project which he believed would help Egypt to become a more powerful wealthy nation and bring its industry in line with that of other global powers. Nasser then turned to the Suez Canal for a source of national income. The canal was vital to Britain and France to allow for trade with many eastern countries. Britain had recently removed its troop from the area around the canal, so Nasser decided to nationalise the canal and impose a toll which he could use to fund the dam. Many countries would be influenced by how Britain reacted to this and relied upon Anthony Eden and the conservative party to make the decision. Anthony Eden became prime minister as a member of the conservative party after serving as foreign secretary during World War II. He decided firm action was needed against Nasser’s nationalisation of the Canal and decided to act independently against him, this decision was bound to annoy the USA who were currently involved in the Cold War with Russia, Eisenhower was furious at Britain and at the start of November America pressure fuelled a run on the pound, so that 15% of Britain’s gold and dollar reserves quickly disappeared. As Eden made this decision, many blamed him directly for the outcome rather than the conservative party. Source 4, a secondary source from a history book from the years 1929-98, represents this “Politically, Eden was finished. He had ruined his own reputation”. This agrees with the view that the Suez crisis did no damage to the conservative party, but Eden as an individual. Eden also resigned due to ill health, rather than being thrown out of office “Eden was not removed as a result of the
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