British Empire - Informal

  • Public capital in Latin America reaches £80 million

    Royal Navy was occassionally required to secure free trade treaties in Peru and Chile
  • Russia encroaches into the north of China with the Trans-Siberian Railwayu

  • Anglo-Iranian Oil Company buys rights to Iran's oil

    sUpports the idea that economic agreements helped bring countries into Britain's sphere of influence. A British business had bought the rights for the entire Iranian tobacco industry 10 years previously.

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