2. I. Roosevelt’s Foreign Policy
A. Panama Canal
Panama was a territory of Columbia-
negotiations broke down for a canal
US helped Panama fight for independence
15 days later, US payed Panama $10M plus
$.25M/year in land rental fees for the canal
3. B. Russo-Japanese War
Russia and Japan were competing for Korea
Japan won several battles, but were running
out of men and money
Japan asked TR to mediate- he helped
negotiate a treaty on his Pres. Yacht in NH
TR won the Nobel Peace Prize in 1906
4. C. Roosevelt Corollary
Monroe Doctrine (1823) demanded that
Europe stay out of Latin American affairs
TR added his corollary in 1904 saying that US
would use force to protect its LA interests
“Speak softly and carry a big stick; you will go
far” (Big Stick Diplomacy)
5. II. Dollar Diplomacy- The US government
guaranteed loans to foreign countries by American
businesspeople (Taft)
Kept Europe out of Latin America
6. III. Missionary Diplomacy- Wilson believed the
US had a moral duty to ignore LA countries that
were not democracies
A. Mexican Revolution- Political unrest in
Mexico threatened US investments and
diplomacy
B. US and Mexico came close to war
7. C. Pancho Villa- Mexican rebel leader that
opposed new Mexican government
Villa and his men killed several Americans in
Mexico that were operating mines
They later killed 17 Americans in NM
8. D. John J. Pershing- General sent by Wilson to
Mexico to find Villa dead or alive
150,000 troops were sent to Mexican border
US and Mexico almost went to war, US backed
down because of WWI
9. IV. US achieved foreign policy goals in the 20th
Century:
1. Expanded access to foreign markets
2. Built a modern navy to protect interests
abroad
3. Used int’l police power to dominate LA