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I found an interesting old thread on a Belgian Cuba:
https://www.alternatehistory.com/forum/threads/belgian-cuba.314282/

"Though historians waited a century to learn this facet of Palmerston's thinking late in 1836, an interesting account was published by the Fortnightly Review in 1895 telling 'How Cuba might have belonged to France.' In January of 1837, so the story ran, on the initiative of Queen Cristina, the Spanish banker in Paris, Aguado, approached Talleyrand to arrange talks on a scheme for France to buy Cuba for thirty million reals with Puerto Rico and the Philippine Islands for another ten million. The French would need to float a loan for this, and from the resultant commissions Aguado, Talleyrand, and others would profit personally. There seemed to be agreement and an envoy, Campuzano, arrived from Madrid to onclude the negotiations. Just as the documents were to be signed, Louis Philippe demanded a reduction of three million reals in the price of the Philippines because, he declared, their acquisition could well embroil France in a war with Great Britain. When the French king began to haggle over the price, Campuzano, who had disliked his task all along, became indignant, and tossed the documents into the fire, ending the negotiations. All the talks had been conducted in overtones of dread that Palmerston might discover what was afoot. Complete secrecy had been insisted upon and only through Talleyrand's secretary, Colmache, was the story eventually published in 1895. Cristina herself was to take full responsibility for the negotiations should word somehow get out, and, considering Palmerston's efforts at this time to raise money for her, we may well understand the Queen's feelings of apprehension.


So, what if Louis-Philippe had acquired Cuba, Puerto Rico, and the Philippines in 1837?

I can see this extending to France gaining Yucatan and Santo Domingo due to the desire of those two places to be annexed by somebody.

The Pastry War of 1838-1839 is going to play out differently. The US supported France in the conflict OTL.

France might conquer Hawaii during the Laplace Affair of 1839. Hawaii as a waystation between the American holdings and Philippines would be very useful.
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