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Explore Theodore Roosevelt's foreign policy, including the Roosevelt Corollary to the Monroe Doctrine and the construction of the Panama Canal. Learn about the diplomatic yet assertive approach Roosevelt took, leading to the Panama Revolution and the completion of the canal in 1914. Discover the impact of these milestones on U.S. global influence.
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Theodore Roosevelt’s Foreign Policy • Roosevelt Corollary to the Monroe Doctrine • 1904 inaugural address first stated • United States might “exercise international police power in ‘flagrant cases of such wrongdoing or Impotence/incompetence,” in the Western Hemisphere • Actions Roosevelt took became known as “Big Stick Diplomacy” • Be diplomatic (try negotiate), but showcase your power • Great White Fleet, 1907
The Panama Canal • Panama (Spain to Colombia in 1821) • French tried to build a canal in 1880s • Sell rights to US for $40 million • 1902 US wanted to try – Colombian resistance • "You could no more make an agreement with them than you could nail currant jelly to a wall," Roosevelt • Panamanian Revolution – 1903 independent (US warships) • Roosevelt, “Panama rebelled as one man” • Hay-Bunau-Varilla Treaty of 1903 • 10 mile wide strip, $10 million, $250,000 annual, guaranteed Panamanian independence • 1914 canal opens • 25,000 died in total - $375 million