In the international realm, Uruguay improves its…
1876 CE to 1887 CE
In the international realm, Uruguay improves its ties with Britain.
Loans increase significantly after the 1870s, when the first one is granted.
In 1876 British investors acquire the national railroad company, the North Tramway and Railway Company.
They later dominate construction of railroads and continue their policy of ensuring control over, and concessions to, some essential services in Montevideo, such as gas (1872) and running water (1879).
Uruguay's adoption of the gold standard facilitates commercial transactions between the two countries.