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The Monroe Doctrine was meant to dissuade the Spanish from attempting to recapture any of their former colonies in South America. It stated: "The American continents are henceforth not to be considered the subjects for future colonization by any European powers."
1826 Panama Congress
President John Quincy Adams supported the participation of the United States in the Panama Congress. The purpose of this convention, called by Simon Bolivar, was to promote unity among the countries of the Americas. Opposition from Southern Conservatives delayed confirmation of the US delegates so long that it was impossible for them to attend.
More on the Panama Congress