The century of the caudillo had started …

Years: 1840 - 1851

The century of the caudillo had started auspiciously in Venezuela, with sixteen relatively peaceful and prosperous years under the authority of General Páez.

Twice elected president under the 1830 constitution, Páez, on the one hand, has consolidated the young republic by putting down a number of armed challenges by regional chieftains.

On the other hand, Páez usually respects the civil rights of his legitimate political opponents.

Using funds earned during the coffee-induced economic boom, he oversees the building of fledgling social and economic infrastructures.

Generally considered second only to Bolívar as a national hero, Páez rules in conjunction with the criollo elite, which maintains its unity around the mestizo caudillo as long as coffee prices remain high.

In the 1840s, however, coffee prices plunge, and the elite divide into two factions: those who remain with Páez call themselves Conservatives, while his rivals call themselves Liberals.

The Liberals first come to prominence in 1846 with Páez's surprising selection of General José Tadeo Monagas as his successor.

Two years later, Monagas ousts all the Conservatives from his government and sends Páez into exile, precipitating a decade of dictatorial rule shared with his brother, José Gregorio.

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