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American and British rivalries in Central America, particularly over a proposed isthmian canal, led to the treaty. Its most important article provided "that neither?…?will ever obtain or maintain for itself any exclusive control over the said ship canal?…?that neither will ever erect or maintain any fortifications commanding the same?…?or occupy, or fortify, or colonize or assume, or exercise any dominion over Nicaragua, Costa Rica, the Mosquito coast [in present-day Honduras and Nicaragua], or any part of Central America." ...
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