Results bad...whole tone and temper very different to a year ago, rearmed and rearming with the old Prussian spirit very much in evidence. Russia is … - Anthony Eden

We are not a Party of unbridled, brutal capitalism, and never have been. Although we believe in personal responsibility and personal initiative in business, we are not the political children of the "laissez-faire" school. We opposed them decade after decade.

Our quarrel is not with Egypt, still less with the Arab world. It is with Colonel Nasser. He has shown that he is not a man who can be trusted to keep an agreement. Now he has torn up all his country's promises to the Suez Canal Company and has even gone back on his own statements.

We cannot agree that an act of plunder which threatens the livelihood of many nations should be allowed to succeed. And we must make sure that the life of the great trading nations of the world cannot in the future be strangled at any moment by some interruption to the free passage of the Canal.