AHC: Spain holds onto La Plata

What if Spain holds onto La Plata but loses all its other colonies? And how would they do that?

La Plata was one of the least populated areas of the Spanish Empire, so it seems possible.
 
What if Spain holds onto La Plata but loses all its other colonies? And how would they do that?

La Plata was one of the least populated areas of the Spanish Empire, so it seems possible.

On the other hand, it was among the least populated because it was among the least valued - no big enslavable local population, no valuable minerals. Although the population was thin, it was also scattered: all those gauchos off on their ranches in the interior, and maintaining control over the spaces of the interior would be expensive - it was a bit like Caledonia to the Romans, the efforts of pacification hardly worth the benefits, or so I understand. After all, the Spaniards had no idea what sort of a boom high-speed shipping and refrigeration would bring one day...

Bruce
 
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