Ch. 10, sect 4 ForeignPolicy Highlights: Roosevelt / Taft / Wilson 1912 Presidential Election Teddy Roosevelt “Speak softly and carry a big stick; you will go far.” • 1906 won a Nobel Peace Prize for negotiating peace between Russia and Japan. • 1903 encouraged Congress to purchase the Panama Canal. – – – – U.S. wants canal to cut travel time of commercial, military ships U.S. buys French company’s route through Panama Negotiates with Colombia to build Panama Canal; talks break down French company agent helps organize Panamanian rebellion • U.S. gives military aid – U.S., Panama sign treaty; U.S. pays $10 million for Canal Zone 1906, Roosevelt visited Panama Canal construction site “Big Stick” Diplomacy The Roosevelt Corollary (1904) U. S. to use force to protect economic interests • Related to Monroe Doctrine 1823 and warns European powers that the Western hemisphere is: 1. Closed to intervention by European powers 2. Closed to colonization by European powers 3. If intervention is necessary – only the U.S. may intervene. Police of the world U.S. Trade with Central America, 1913-1920 William H. Taft “Dollar Diplomacy” • Based on the idea that we could get countries to do what we want by threatening them to remove American investments. • Dollar diplomacy — U.S. guarantees foreign loans by U.S. business • U.S. exercises police power on several occasions Woodrow Wilson “Missionary Diplomacy” • Missionary “Moral” diplomacy — U.S. has moral responsibility: – will not recognize regimes that are oppressive, undemocratic or hostile to U.S. interests. – If Americans agree with a countries moral standards, then we’ll work with them. Based on human rights and opinion. Video: The Presidents Throwing out the first ball in 1916 Left-Side “Panama Canal” Panama Canal Map questions • attach map to Left-side • Tape and answer questions
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