Paul Sorrells

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The British government, while remaining ostensibly neutral, turned a blind eye to men like Cochrane and their securing of supplies from Britain. It was very much in its interest to open up Latin America to free trade, and when Britain recognized the new states in 1823, the Monroe Doctrine proclaimed by the US government, which opposed any European intervention in the Americas, put an end to any further action.
The Pursuit of Power: Europe 1815–1914 (The Penguin History of Europe Book 7)
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