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The US and Latin America
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US Global Investments and Investments in Latin America 1914
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Theodore Roosevelt • Big Stick Diplomacy
– Enforce the Monroe Doctrine
– Attempt negotiations
– Use force if necessary
– Protect and promote US business interests
• Roosevelt Corollary to the Monroe Doctrine
• Panama Canal
– Attempts to negotiate with Colombia to get control of the Canal Zone
– Sends navy ships to Panama to support Panama’s revolution against Colombia
– After Panama’s independence negotiates with THEM for use for the Canal Zone
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Panama Canal
TR in Panama (Construction begins in 1904)
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The Roosevelt Corollary
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William Howard Taft
• Dollar Diplomacy
– Enforce the Monroe Doctrine
– Replace European loans with American loans
– Economic ties will promote friendly relations
– Use force when necessary
– Protect and promote US business interests
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Woodrow Wilson • Missionary Diplomacy
– Enforce the Monroe Doctrine
– Democratic governments will promote friendly relations
– Use force when necessary to ensure stability
– Promote and protect US business interests
• Intervention in Haiti
• Intervention in Mexican Revolution
– Pancho Villa
– John J. Pershing
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US Interventions in Latin America