quick shares of suez canal

Question 1

Before Isma’il sold the shares in the suez canal, how many shares were held by frenchmen? (2)

Answer 1

1. 50% French (not one individual but lots of small groups)

Question 2

Before Isma’il sold the shares in the suez canal, how many shares were held by Egyptians? (1/2)

Answer 2

2. 44% Egyptian Government

Question 3

Before Isma’il sold the shares in the suez canal, how many shares were held by Ottomans? (2)

Answer 3

3. 6% private wealthy Ottoman Individuals

Question 4

In 1869, what proportion of the ships using the Suez Canal are British?

Answer 4

3/4

Question 5

In which year were 3/4 of the ships using the Suez Canal British?

Answer 5

1869

Question 6

When did Isma’il put the shares up for sale?

Answer 6

1875

Question 7

how big were Isma’il’s debts that he was willing to put the governments shares in the suez canal up for sale?

Answer 7

a. 100 million

Question 8

How much did Disraeli buy Egypts shares for?

Answer 8

b. £4,000,000

Question 9

Movements made. (5)

Answer 9

1. Conservative (pro-imperial) PM Benjamin Disraeli. Knows that British needs to have a stake in the Canal.
2. By 1875, the leader Ismail had massive debts (Egypt’s debts in total) (2)
3. Disraeli immediately bought up the shares. (2)
4. Once The British have a controlling share in the canal, they start to pay more attention to the rest of Egypt. (3)
5. His justifications that he says afterwards. (4)

Question 10

Movements made. (5)
2. By 1875, the leader Ismail had massive debts (Egypt’s debts in total) (2)

Answer 10

a. 100 million pound debts
b. SO, he puts the Egyptian Shares for the Canal up for sale.

Question 11

Movements made. (5)
3. Disraeli immediately bought up the shares. (2)

Answer 11

a. Doesn’t consult parliament. Just buys it by borrowing money from a personal friend.
b. £4,000,000

Question 12

Movements made. (5)
4. Once The British have a controlling share in the canal, they start to pay more attention to the rest of Egypt. (3)

Answer 12

a. They have the control because all of the other shares are owned by small groups.
b. So, any votes that they make the British Government wins.
c. Because they are effectively one person owning the shares and so all of that shares’ worth is voting for one thing.

Question 13

Movements made. (5)
5. His justifications that he says afterwards. (4)

Answer 13

a. It’s not to do with money (although there is money to be made)
b. A hostile power should not be in charge to a strategic route to India.
c. Allows for other dependencies.
d. MAINTENANCE (lets stop things from going badly)