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Panama to Patagonia

Note 21 — Chapter XXII

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“In reality, it is to the interests of the United States that the South American Republics should look up to them as their best friend, so that they may gradually open their markets to the enormous products of North America, and that the overflow capital of the great Republic may find good investments, so that they may hope some day to expel entirely European capital. All violent measures which may bring forth the distrust of South Americans and European intervention are entirely against the best interests of the United States, and would be considered in that country a great political blunder and an attempt against its economic development.”—El Mercurio, Santiago.

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