[The Hispanic Nations of the New World by William R. Shepherd]@TWC D-Link bookThe Hispanic Nations of the New World CHAPTER VI 10/14
By so doing he leveled the way for the clericals, conservatives, and the militarists to invite foreign intervention on behalf of their desperate cause.
But, even if they had not been guilty of behavior so unpatriotic, the anger of the Pope over the treatment of his Church, the wrath of Spain over the conduct of Juarez, who had expelled the Spanish minister for siding with the ecclesiastics, the desire of Great Britain to collect debts due to her subjects, and above all the imperialistic ambitions of Napoleon III, who dreamt of converting the intellectual influence of France in Hispanic America into a political ascendancy, would probably have led to European occupation in any event, so long at least as the United States was slit asunder and incapable of action. Some years before, the Mexican Government under the clerical and militarist regime had made a contract with a Swiss banker who for a payment of $500,000 had received bonds worth more than fifteen times the value of the loan.
When, therefore, the Mexican Congress undertook to defer payments on a foreign debt that included the proceeds of this outrageous contract, the Governments of France, Great Britain, and Spain decided to intervene.
According to their agreement the three powers were simply to hold the seaports of Mexico and collect the customs duties until their pecuniary demands had been satisfied.
Learning, however, that Napoleon III had ulterior designs, Great Britain and Spain withdrew their forces and left him to proceed with his scheme of conquest.
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