The members of this group became locked in an arms race when one of them ordered the construction of two American- made Rivadavia-class battleships and two British-made Almirante Latorre-class battles
The members of this group became locked in an arms race when one of them ordered the construction of two American- made Rivadavia-class battleships and two British-made Almirante Latorre-class battleships, leading another member to order a super-dreadnought. Dire financial straits after the loss of its rubber monopoly caused that member of this group to sell its dreadnought to the Ottomans, which led to an Ottoman-German alliance in the First World War after the British seized the ship. All members of this group entered the "Consultation, Non-Aggression and Arbitration Pact" in 1915, which remained in place until the 1923 Pan-American Conference. After the Tampico Affair and the seizure of Veracruz, the members of this group gathered in Niagara Falls at a namesake conference to prevent war between the United States and Mexico. For 10 points, give this term used for the alliance of three politically influential countries in South America during the early 20th century.