“One of the interesting byways in this whole situation (it was perhaps more than a byway) was the conviction expressed when the [Suez Canal] Users' Association was created and the principles established for the international operation of the canal. The Users were absolutely confident, rather arrogantly so, that the Egyptians could not possibly run the canal. They could not produce the pilots, and would have to appeal to the other nations. The Users had only to sit back and the Egyptians would be on their knees saying: "Please run the canal for us." That, of course, did not happen. The canal was run just as efficiently after the Egyptian take-over as in the past. I remember a Norwegian shipowner saying: "Don't worry too much about the details of international control. They'll have to come to us in a few weeks and beg us to run the canal for them because it is a major source of their revenue and they want to make money out of it."”

— Lester B. Pearson

The Egyptians made more money from it than ever did the Suez Canal Company.
Memoirs, Volume Two
Source: NB: ghost-written post-mortem by Munro and Inglis

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Lester B. Pearson 11

14th Prime Minister of Canada 1897–1972

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Lester B. Pearson 11

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