In Egypt work is begun on the construction of the Suez Canal
Despite British coolness to the project, French engineer Ferdinand De Lesseps and his Suez Canal Company began work on the Suez Canal. The work began on the Mediterranean, at what is now Port Said. The canal opened to shipping more than ten years later, on November 17, 1869 and revolutionized world trade. (By John Osborne)
C. W. Crawley, "The Mediterranean," in J.P.T. Bury, The New Cambridge Modern History, Volume X, The Zenith of European Power 1830-1870 (Cambridge: Cambridge University Press, 1957), 439.