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America as a World Power

America as a World Power. 12.4.5. PANAMA CANAL. Many Americans felt that the US needed a canal cutting across Central America to reduce travel time for ships between the Atlantic and Pacific oceans .

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America as a World Power

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  1. America as aWorld Power 12.4.5

  2. PANAMA CANAL Many Americans felt that the US needed a canal cutting across Central America to reduce travel time for ships between the Atlantic and Pacific oceans. In 1903, the president and Congress decided to use a route through Panama and agreed to buy the land for $40 million.

  3. PANAMA CANAL Before beginning work on the Panama Canal, the US had to get permission from Colombia, which controlled Panama When talks broke down the US helped organize a Panamanian rebellion against Colombia. On November 3, 1903, nearly a dozen U.S. warships were present as Panama declared its independence

  4. CONSTRUCTING THE CANAL Builders fought diseases, such as yellow fever and malaria Work began in 1904 and by 1913, more than 43,400 workers were employed. More than 5,600 workers on the canal died from accidents or disease. The total cost to the United States was about $380 million.

  5. Legacy of the canal U.S.-Latin American relations, had been damaged by American support of the rebellion in Panama. The resulting ill will lasted for decades, despite Congress’s paying Colombia $25 million in 1921 to compensate the country for its lost territory.

  6. THE ROOSEVELT COROLLARY In 1823 President James Monroe issued The Monroe Doctrine which demanded that European countries stay out of the affairs of Latin American nations In his December 1904 message to Congress, Roosevelt added the Roosevelt Corollary tothe Monroe Doctrine.

  7. THE ROOSEVELT COROLLARY In effect, the corollary said that the US would now use force to protect its economic interests in Latin America.

  8. THE MEXICAN REVOLUTION Mexico had been ruled for more than three decades by a military dictator, PorfirioDíaz.

  9. US Intervention in Nicaragua The US exercised its’ power on several occasions. A 1911 rebellion in Nicaragua left the nation near bankruptcy, US bankers loaned Nicaragua enough money to pay its debts. In return, the bankers were given the right to collect Nicaragua’s customs duties. The U.S. bankers also gained control of the country’s railroad system and its national bank.

  10. US intervention in Nicaraugua When Nicaraguan citizens heard about this deal, they revolted against President Adolfo Díaz To prop up Díaz’s government, 2,000 marines were sent to Nicaragua. The revolt was put down, but some marine detachments remained in the country until 1933.

  11. DOLLAR DIPLOMACY The policy of using the U.S. government to guarantee loans made to foreign countries by US business people was called dollar diplomacy It was often used to justify keepingEuropean powers out of the Caribbean.

  12. Assignment 1. What benefits would the US have from the Panama Canal? 2. How did the US obtain the land to build this canal from Colombia? 3. Describe the working conditions and human cost of constructing the Panama Canal. 4. Explain why the US intervened in Nicaragua? How did this affect the US’s relationship with Latin America? 5. Explain the Roosevelt Corrollary ? Do you think the US had the right to intervene in the affairs of other nations?

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