Suez Crisis Peacekeepers to police the Egyptian–Israeli border, British Prime Minister Anthony Eden resigned, Canadian Minister of External Affairs Lester Pearson won the Nobel Peace Prize, and the USSR may have been emboldened to invade Hungary. The Suez Canal was opened in 1869, after ten years of work financed by the French and Egyptian governments. The canal was operated by the Universal Company of the Suez Maritime Canal, an Egyptian-chartered company; the area surrounding the canal remained sovereign Egyptian territory and the only land-bridge between Africa and Asia. The canal instantly became strategically important, as it provided the shortest ocean link between
D. R. Thorpe considerably in the aftermath of the Suez Crisis of 1956. Indeed, a feature of Thorpe’s biographical trilogy was that all three subjects, though having each held two of the three great offices of the British state (Eden and Home, in addition to being Prime Minister, both served more than one term as Foreign Secretary), tended, in retrospect, to be underestimated. Lloyd was remembered as Eden’s compliant Foreign Secretary at the time of Suez who, as Chancellor, was dismissed ignominiously by Harold Macmillan in a major Cabinet reshuffle (the so-called "Night of the Long Knives") in 1962; Home, then an hereditary