However, the play is not merely a love triangle. It is an allegory for the Philippines under American colonial rule. The "Golden Chain" of the title represents the chains of colonialism: the false promises of wealth, the bondage of debt, and the moral decay caused by blind obedience to foreign powers. Reyes famously used the metaphor to criticize both the Spanish friars who had left and the new American administrators who arrived with promises of "benevolent assimilation."
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