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Alexandria, Virginia
What is this article about?
The London Star disproves reports of a Russia-mediated treaty binding maritime powers to suppress Spanish colonies in South America. The article concurs, stating that the colonies' independence would enhance Europe's wealth, particularly Britain's, more than colonial possession.
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Full Text
We agree with that judicious print that any such interference would be gross impolicy; for we think that there is not in Euclid a proposition more demonstrable than this, that the liberation of South America would tend to the augmentation of the wealth of the nations of Europe more than any other that can happen. In effect the emancipation and independence of that rich portion of the globe would be more to the advantage of Great Britain herself than the possession of it in colonial tenure; and it would give a new and a permanent spur to the industry, the enterprise, and the intellectual pursuits of the whole civilized world.
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Where did it happen?
Foreign News Details
Primary Location
South America
Outcome
disproof of the treaty assertion; argued benefits of south american independence for european wealth
Event Details
The London Star disproves, from the report's terms, the claim of a Russia-mediated treaty binding maritime powers to submit Spanish colonies. The article agrees such interference is impolitic, asserting South America's liberation would augment Europe's wealth more than any event, benefiting Britain beyond colonial possession and spurring global industry and enterprise.