Big Stick, Dollar, and Moral Diplomacy

US intervention through Big Stick

-Panama Canal -Domincan Republic

US Intervention through Dollar Diplomacy

-US gave millions of dollars to investment into unstable LA countries like Hondourous, Nicaraguas, Cuba Nicaragua : feared their president was orchestrating an anti american feeling brough in troops

BS Purpose

-allowed US to intervene in Latin American businesses -allowed US to gain more territory "speaking softly and carrying a big stick"

Dollar Diplomacy Purpose

-increase US economy -Taft's idea to further the US's aims in Latin America and East Asia by guaranteeing loans made to foreign countries -urges Wall street investors to invest money in foreign markets in order to increase American influence abroad

Example of Big Stick

Panama Canal: US intervention in Panama Canal Zone, helped Panama get independence from Columbia -Roosevelt "negotiated" control of canal zone, if Panama resisted the US would bring in military

Big Stick President

Roosevelt

Dollar Diplomacy President

Taft

summary

The Big Stick Diplomacy is by President Theodore Roosevelt which was based on the theory that the United States could use force to maintain stability in Latin America. It was in the Roosevelt Corollary that the U.S. use "international police power" in Latin America. The Dollar Diplomacy was by President William H. Taft which was based on the theory that when countries near the panama canal were in debt to the British, American bankers would buy the debt. This supported the idea to maintain a good economy for the United States at the Panama Canal. The Moral Diplomacy was by President Woodrow Wilson which was based on the theory that foreign policy should reflect American values. This brought up concern more about human values than property rights.

Impact of DD

US sent in troops to protect investments

Moral Diplomacy President

Wilson

impact of big stick

acquisition of Panama Canal

MD invervention

allowed Wilson to force out Medican dictator Victoriano Huerta in 1914 after he came to power in 1913 US placed troops in NIcuargua and used them to "select" Nicugarian Presidents in hopes of promoting democracy Cuba, Haiti, Medica, Dominican Republic

purpose of MD

change US foreign policy to reflect its values and moral obligations contact with US can only benefit others was morally superior to other nations and its diplomacy was governed by nobel and benevolent principles

impact of MD

increased tension between world leaders