What was bolivars intentions with his speech to the council of angostura?

In the midst of the battles for independence, Bolívar summoned a congress in the city of Angostura to reassert New Granada's autonomy and to install a political system that he believed would be capable of sustaining a new republic.

When two vehicles meet on a steep road where neither can pass: the vehicles going downhill must back up or simply must yield the right of way so it can pass : )

Weather is one. the economy is another.