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Rise of American Growth in Brazil: Decade of the 1870's
Published online by Cambridge University Press: 11 December 2015
Extract
The erosion of Great Britain's economic and political foothold in Brazil reached critical proportions during the 1870's, at which time England sustained dual commercial assaults by German and American interest groups. In his study of British Preëminence in Brazil, Alan K. Manchester says that the first rival to seriously threaten Britain's role in Brazil was Germany and he goes on to cite examples of this threat during 1873. While Manchester alludes to the United States as another economic rival of Great Britain during the nineteenth century, he suggests that the United States figured only as a minor competitor until World War I, when it would supplant Great Britain as the principal supplier of the South American nation. A closer examination of the sources, however, indicates that the United States was anything but a minor competitor and actually a very real threat to Great Britain during the 1870's. The study undertaken by Richard Graham discloses that the British investment in Brazil slowed down during the years 1873-1879. During this period the United States took advantage of the opportunity to increase its economic role and its political prestige in Brazil at the expense of the British.
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- Copyright © Academy of American Franciscan History 1976
References
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