Economic history of the United Kingdom once the territories gained independence and were free to negotiate their own trade agreements. Although the '50s were overall a time of great prosperity for Britain, the Suez Crisis of November 1956 precipitated a financial crisis and a run on Sterling which underlined how fragile post-war British finances were. The tripartite invasion of the Suez Canal Zone by Britain, France and Israel following Egypt's nationalization of the canal (before then majority owned by the British government) was a disaster for British prestige and the economy. The United States and the United Nations came out firmly against the occupation, which caused
The Impending Crisis of the South The Impending Crisis of the South The Impending Crisis of the South: How to Meet It is an 1857 book written by Hinton Rowan Helper of North Carolina, which he self-published in New York City. It was a strong attack on slavery as inefficient and a barrier to the economic advancement of whites. The book was widely distributed by Horace Greeley and other antislavery leaders, and infuriated Southern leaders. The book condemned slavery, but did not take what Helper considered to be the ineffectually sentimental or moralistic abolitionist approach (as seen in "Uncle Tom's Cabin", 1852): Hinton explicitly wrote "not