They argued that these weapons would cost less and give the country, and its lengthy coastline, better protection from external threats. The ships were not bought for reasons of cost, but neither were the airplanes its supporters had been hoping for. "Canada" was renamed "Almirante Latorre" once again and formally handed over to the Chilean government on 27 November 1920. It departed Plymouth the same day with two of the destroyers, and they arrived in Chile on 20 February 1921, where they were welcomed by Chile's president, Arturo Alessandri. "Almirante Latorre" was made the flagship of the navy. The dreadnought was frequently used by Alessandri for various functions, including as transport to Vallenar after a 1922 earthquake, and to Talcahuano for the grand opening of a new naval drydock in 1924. In 1925, with the fall of the January Junta, the ship hosted Alessandri after his return from exile. In September, the last month of his term, Alessandri received the United Kingdom's Edward, Prince of Wales, on board the battleship. "Almirante Latorre" was sent to the United Kingdom for a modernization at the Devonport Dockyard in 1929. It lasted for quite some time, but finally left for Valparaíso nearly two years later, on 5 March 1931, and arrived on 12 April. Not long after it returned, crewmembers aboard "Almirante Latorre" instigated a major mutiny. The revolt was a result of the country's economic woes in the midst of the Great Depression and a recent pay cut. Most of the navy's ships joined "Almirante Latorre" in the mutiny, but they surrendered five days after it began when an air strike was mounted by government forces. "Almirante Latorre" ended up in the Bay of Tongoy with . With Chile still in the midst of the depression, "Almirante Latorre" was deactivated at Talcahuano in 1933 to lessen government expenditures, and only a caretaker crew was assigned to tend to the mothballed ship into the mid-1930s. Soon after Japan's attack on Pearl Harbor, the United States approached Chile with the aim of purchasing "Almirante Latorre", two destroyers, and a submarine tender to bolster the United States Navy, but the offer was declined. "Almirante Latorre" was used during the Second World War for Chilean neutrality patrols.