Aswan Dam allies in the Middle East, including Turkey and Iraq, were irritated and jealous that Egypt, a persistently neutral country, was being offered so much aid. In June 1956, the Soviets offered Nasser $1.12 billion at 2% interest for the construction of the dam. On 19 July the U.S. State Department announced that American financial assistance for the High Dam was "not feasible in present circumstances." On 26 July 1956, with wide Egyptian acclaim, Nasser announced the nationalization of the Suez Canal as well as fair compensation for the former owners. Nasser planned on the revenues generated by the canal helping
Aswan the summer solstice, a vertical staff cast no shadow. They noted that the sun's disc was reflected in a well at noon. This statement is only approximately correct; at the summer solstice, the shadow was only of the staff, and so could scarcely be discerned, and the northern limb of the Sun's disc would be nearly vertical. However, Eratosthenes used this information together with measurements of the shadow length on the solstice at Alexandria to perform the first known calculation of the circumference of the Earth. The Nile is nearly wide above Aswan. From this frontier town to the northern