How we cite our quotes: (Sentence)
Quote #1
Of events in that quarter of the globe, with which we have so much intercourse and from which we derive our origin, we have always been anxious and interested spectators. The citizens of the United States cherish sentiments the most friendly in favor of the liberty and happiness of their fellow-men on that side of the Atlantic. In the wars of the European powers in matters relating to themselves we have never taken any part, nor does it comport with our policy to do so. (7-9)
Monroe keeps it civil and respectful, but makes it clear that there's a distance between the U.S. and Europe. Referring to Americans as "spectators" towards Europe, and reminding everyone that the U.S. has "never taken any part" in European affairs sets the stage for a situation where the two regions have different interests.
Quote #2
With the movements in this hemisphere we are of necessity more immediately connected, and by causes which must be obvious to all enlightened and impartial observers. The political system of the allied powers is essentially different in this respect from that of America. (11-12)
America's relationship to Latin America is "different" from Europe's because of, as realtors say, location, location, location. The implication is that relationship must always be different, unless the European continent moves considerably west. How valid is Monroe's argument? Does the presence of European colonies over the past few centuries impact that validity?
Quote #3
This difference proceeds from that which exists in their respective Governments; and to the defense of our own, which has been achieved by the loss of so much blood and treasure, and matured by the wisdom of their most enlightened citizens, and under which we have enjoyed unexampled felicity, this whole nation is devoted. (13)
The gap between Europe and America isn't just about being in different hemispheres. This is Monroe's most vivid depiction of feelings towards the American republican system. He paints a picture of loss and struggle to evoke an emotional attachment based on the fact that the Americans—like their neighbors down south—fought for their independence.