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US Imperialism: Early 20th Century Policies

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US Imperialism: Early 20th Century Policies Open Door Policy Panama Canal Big Stick Diplomacy Dollar Diplomacy 11.4.1 List the purpose and the effects of the Open ... – PowerPoint PPT presentation

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Title: US Imperialism: Early 20th Century Policies


1
US Imperialism Early 20th Century Policies
  • Open Door Policy
  • Panama Canal
  • Big Stick Diplomacy
  • Dollar Diplomacy

11.4.1 List the purpose and the effects of the
Open Door policy. 11.4.3 Discuss Americas role
in the Panama Revolution and the building of the
Panama Canal. 11.4.4Explain Theodore Roosevelts
Big Stick diplomacy and William Tafts Dollar
Diplomacy.
2
Open Door Policy
  • 1899 US will enforce the right of ALL nations
    to trade equally with China
  • No single country will control China.
  • China will not be divided

3
Panama Canal
  • 1903 - Panama is controlled by Columbia
  • Columbia wants the US to pay 40 million for
    rights to build canal

4
Panama Canal
  • Instead, President Roosevelt supports a Panama
    revolution
  • An independent Panama allows the canal to be built

5
Big Stick Diplomacy (Theodore Roosevelt)
  • Having a strong military is a deterrent
  • Other countries will listen to the US without
    having to use force.
  • Strong Navy

6
Corollary to Monroe Doctrine
  • Back in 1823, President James Monroe stated that
    the Western Hemisphere was to no longer be
    colonized by Europeans
  • The US would use military force if needed to
    defend our neighbor nations
  • In 1904, President Theodore Roosevelt extended
    the Monroe Doctrine with his corollary
  • The US can intervene in Caribbean and Central
    American countries to stabilize their economy

Presidents cited the Roosevelt Corollary as
justification for U.S. intervention in Cuba
(1906), Nicaragua (1909, 1912 and 1926), Haiti
(1915), and the Dominican Republic (1916).
7
Great White Fleet
1907 - To show the naval power of the US,
Roosevelt sent the great white fleet around the
world
8
Dollar diplomacy
  • substituting dollars for bullets.
  • US can influence the world through economics
    rather than through its military
  • Supporting US companies in other countries will
    make the US stronger.

President William Howard Taft
9
Taft Speech on Dollar Diplomacy
  • In Central America the aim has been to help
    such countries as Nicaragua and Honduras to help
    themselves. They are the immediate beneficiaries.
    The national benefit to the United States is
    twofold. First, it is obvious that the Monroe
    Doctrine is more vital in the neighborhood of the
    Panama Canal and the zone of the Caribbean than
    anywhere elseHence, the United States has been
    glad to encourage and support American bankers
    who were willing to lend a helping hand to the
    financial rehabilitation of such countries
    because this financial rehabilitation and the
    protection of their customhouses from being the
    prey of would-be dictators would remove at one
    stroke the menace of foreign creditors and the
    menace of revolutionary disorder.
  • The second advantage to the United States is one
    affecting chiefly all the Southern and Gulf ports
    and the business and industry of the South. The
    republics of Central America and the Caribbean
    possess great natural wealth. They need only a
    measure of stability and the means of financial
    regeneration to enter upon an era of peace and
    prosperity, bringing profit and happiness to
    themselves and at the same time creating
    conditions sure to lead to a flourishing
    interchange of trade with this country

10
Summary
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