Suez Canal
Egypt
| Suez Canal () link | |
|---|---|
| File:Suez Canal.jpg | |
| File:Suez Canal map.jpg | |
| Locations | Egypt |
History
Russ Winter writes that "According to Rothshild archives, in 1875, the London banking house of N.M. Rothschild & Sons advanced the prime minister, Benjamin Disraeli, acting for the British government, £4 million to purchase Suez Canal shares. Disraeli was a close personal friend of Lionel de Rothschild and, “according to legend”, this was transacted on a gentleman’s agreement, with no documentation, a technically unsecured loan for a sum of over £550 million today."[1]
