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Frederick III was Emperor of Imperial Germany for four months in 1888, before dying of throat cancer. I find his AH potential somewhat interesting-his wife was Queen Victoria's daughter, and he was much more Liberal in outlook than was the norm for Imperial German royals.
So, lets say that Frederick's father, Wilhelm I, dies ten years or so earlier than OTL (he lived to ninety, so that doesn't seem too unlikely), and Frederick doesn't get cancer and has a normal lifespan. How much influence could Frederick have on Germany, and what might some of the consequences of a more Liberal, more pro-British Kaiserreich be on history?