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In 1875, the British authorities of Benjamin Disraeli bought the indebted Egyptian ruler’s shareholding within the Suez Canal for £4 million to safe management of this strategic waterway, a channel for shipping between the United Kingdom and India. The transition from an “informal empire” of management via financial dominance to direct control took the form of a “scramble” for territory by the nations of Europe. By 1914 solely Ethiopia and the republic of Liberia remained outside formal European control.

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