Suez Canal Flashcards
What difference did the Suez Canal make to the travel to India?
6,000 miles shorter than the route via cape
What made the travels to India 6,000 miles shorter than that via the cape?
Suez Canal
What happened between 1854 and 1856?
Ferdinand de Lesseps had obtained an allowance from Egypt to create a company to construct a canal for international shipping
When had Ferdinand de Lesseps obtain an allowance from Egypt to create a company to construct a canal for international shipping?
1854-1856
Who between the years of 1854-1856 obtain an allowance from Egypt to create a company to construct a canal for international shipping?
Ferdinand de Lesseps
What was formed in 1858?
Suez Canal Company
When was the Suez Canal company formed?
1858
How long was the Suez Canal company, formed in 1858, supposed to run the canal?
99 years
When had work began on the canal and when was it completed?
1859 and it was completed 10 years later
What began in 1859?
Construction of the Suez Cannal
When was the Canal completed?
10 years after work began in November 1869
When the canal was finished in 1869, who could access shares in the project?
Able to access internationally
Who had interest in the Suez Canal when it was completed in 1869?
Outside France there was little interest. British were rather sceptical about the project, since they thought that the Canal would not be suitable for larger ships
Why did the British originally not buy a significant amount of shares for the Suez Canal?
They thought that the Canal would not be suitable for larger ships
What was the impact of the Suez Canal on on British traders in the Cape who operated warehouses for the storing of goods?
Reduced profits for them