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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
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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