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"Three events, important to England, took place in 1770; election petitions, the 'Boston Massacre," and Spain's seizure of the Falkland Islands." [Source]
The Mississippi Valley historical review (1914):
These islands [Falkland] were seized by the British in 1766. In 1770, a Spanish force expelled the small English garrison and took possession of Port Egmont. The downfall of [French Minister] Choiseul dissipated any hope of French aid [for Spain]. King Charles III agreed to restore the British garrison, but he still clung to the claim of sovereignty over the islands.
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