17.2 Relations with Latin America

1. 17.2 Relations with Latin America Today’s Objectives 1)Discuss U.S. intervention in Nicaragua during 1930s. 2)Explain the Good Neighbor Policy. 3)Analyze Great Depression in Latin America.

2. 17.2 Relations with Latin America

3. U.S. Relations to Latin America prior to 1930s. • (1823) • The Monroe Doctrine • (1900) • The Roosevelt Corollary • (1920s) • Dollar Diplomacy • (1900s-1930s) • Military Interventions • Haiti • Panama • Honduras • Cuba • Collectively known as “The Banana Wars”

5. U.S. Intervention in Nicaragua -Series of revolts and coups in Nicaragua 1920-1933 -United States supported leaders who did not threaten U.S. Business. -U.S. Has warships patrolling the coast. - During 1932-33 Coup, U.S. Sends marines in to support Nicaraguan govt.

6. Solórzano Diaz Zelaya Chamorro Stimson Sandino

7. U.S. Policy Changes - “Good Neighbor Policy • During Great Depression, Hoover removes Marines. • Too expensive. • President F.D.R. Thought previous U.S. Actions in Latin America were too heavy-handed. • In his Inaugural Address, F.D.R. introduces the Good Neighbor Policy. “In the field of world policy I would dedicate this nation to the policy of the good neighbor- the neighbor who resolutely respects himself and, because he so, respects the rights of others.”(1933)

8. The Good Neighbor Policy in Practice • Good Neighbor Policy stressed non-intervention in Latin American governments. • Canceled the Platt Amendment • (1936)Stopped invading Panama. • (1934) Removed Marines from Haiti . • (1938)Biggest test was with Mexico. • Mexican President Lazaro Cardenas nationalized U.S. and British Oil Rigs in Mexico.

9. The Good Neighbor Policy in Practice • How did F.D.R. React? • He did not invade. • U.S. Ambassador to Mexico Josephus Daniels urged compromise and compensation.. • Roosevelt also continued purchases of silver from Mexico.

10. Latin America & The Great Depression • Most Latin American Economies were based on cash crops. • In the Great Depression, agricultural prices dropped substantially. • Depression = Instability! • Caudillos = Popular dictators. • In the 1930s many Caudillos took hold of Latin American countries.