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From 1843-1854, Guatemala had ceded in perpetuity a sliver of territory between Izabal lake and Motagua River to the Compagnie belge de colonisation for administration. However, the company ultimately went bankrupt and in 1854 the company withdrew.

What if the company had sold its administrative rights to the United States?

Interestingly, the nearby port of Livingston was actually named after an American who wrote a liberal judicial code that the judicial code of the Central American Federation was supposed to implement. This is unrelated to the thread aside from just being kind of interesting.






https://en.wikipedia.org/wiki/Santo_Tomás_de_Castilla
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