America's New Foreign Policy

The Panama CanalA.French buy 25-year concession from Colombia  

B. Abandoned 10 years later

Panama Canal, cont.

C. T.R. backs revolution

D. Hay-Bunau-Varilla Treaty

E. Finished ahead of schedule

Canal Challenges1.Moving heavy machinery

2. Differing elevations

3. Quantity of rocks & soil

Roosevelt's Diplomacy:“Speak softly and carry a big stick; you will go far.”

Roosevelt Corollary1. Denied U.S. wanted

more territory

2.U.S. would intervene to prevent intervention

3. Intervention common in Latin America

Taft's Main Goals1. Maintain open door to Asia

2. Preserve stability in Latin America

Dollar Diplomacy:

Maintaining order abroad by American

investment in foreign economies

Wilson & Mexico1. Interfered in Mexican

politics

2. “Pancho” Villa

3. Soured relationships

Anti-Imperialism1. Moral &

political

2. Racial

3. Economic

Pro-Imperialism1. New frontier

2. Celebration of American spirit

3. Practical advantages

The Great White Fleet1. T.R. sends navy on a

cruise around the world

2. Designed to demonstrate impressive naval force