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Big Stuck Diplomacy-President Theodore Roosevelt, 1901-1909
Roosevelt was unwilling to allow the imnperial powers of Europe to control the world's political and economic destiny. He
was determined to make the United States the predoninant power in the Caribbean and Central Armerica. Roosevelt's
foreign policy was based on a motto: "speak softly and carry a big stick." To Roosevelt, the "big stick" was the new
American navy. By remaining firm in resolve and possessing the naval might to back up its interests, the U.S. could
ensure U.S. supremacy over strategically important regions in the Westem Hemisphere. Big Stick Diplomacy was tested
when America wanted to build the Panama Canal as a way to access its newly acquired colonies in the Pacific region. The
US. had to get permission from Colombia, which then ruled Panama. When negotiations between the US. and
Colombia broke down, America funded a revolution in Panama, to break away from Colombia. This scored the U.S.
permanent access to the canal and cheaper rates of construction. During Roosevelt's presidency, the U.S. used its
economic and military might to intervene in the Dominican Republic, cuba, Honduras and Costa Rica. Latin Americans
did not look upon the policy favorably. They resented it as it allowed for the effective bullying of Latin American
countries in order to force compliance to American desires. As U.S. influence grew in Latin America, so did animosity
(hostility) against their large neighbor to the north.
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Dollar Diplomacy-President William Howard Taft, 1909-1913
Taft wanted to maintain U.S. power in the Caribbean and Central America, and aimed to create stability and order in
Latin America nations to promote American commercial (trade) interests. Taft furthered U.S. influence in Latin
American countries by guaranteeing loans from U.S. banks and increased U.S. investments. The United States dumped
billions of dollars of investment in unstable Latin American countries like Honduras, Nicaragua, Cuba and the Domician
Republic with hopes that it would help ensure political and economic stability. In spite of American investors
experiencing financial success as they got rich off the resources of other nations, Dollar Diplomacy failed to counteract
economic instability and the tide of revolution in places like Mexico and Nicaragua. On many occasions, the United
States was forced to send in occupation troops to protect their investnments, which was quite costly for the United
States. Such vwas the case when President Taft dispatched troops to Nicaragua in 1909-and again in 1912-to protect
the formation of a pro-American government there.
Moral Diplomacy-President Woodrow Wilson, 1913-1921
Moral Diplomacy was Woodrow Wilson's take on a new and improved foreign diplomacy policy. Wilson hoped to
influence and control other countries through economic pressure, only supporting Latin American governments that
were democratic or otherwise supported United States interests. In a statement issued soon after taking office, Wilson
declared that the United States hoped "to cultivate the friendship and deserve the confidence" of the Latin American
states. Latin Americans were delighted by the prospect of being free to conduct their own affairs without American
interference, but Wilson's insistence that their governments must be democratic undermined the promise of self-
determination (when a country makes its own decisions without external pressure). Despite Wilson's intentions to limit
U.S. involvement in Latin America, he sent troops to Nicaragua, Halti, and the Dominican Republic, which ensured a U.S.
military presence in the Caribbean and Central America for decades. In all cases the military occupations that followed
failed to create the democratic states that were their main objective. Regardless of his sincere intentions, Wilson
intervened in Latin American affairs more than any other president.