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While Americans generally objected to European colonies in the New World, they also desired to increase United States influence and trading ties throughout the region to their south. European mercantilism posed the greatest obstacle to economic expansion. In particular, Americans feared that Spain and France might reassert colonialism over the Latin American peoples who had just overthrown European rule...

In particular, Americans feared that Spain and France might reassert colonialism over the Latin American peoples who had just overthrown European rule. Signs that Russia was expanding its presence southward from Alaska toward the Oregon Territory were also disconcerting.

For their part, the British also had a strong interest in ensuring the demise of Spanish colonialism, with all the trade restrictions mercantilism imposed...

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