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The Imperial Debate:. The Americas 1898-1914. Sp/Am War Aftermath: The Imperial Debate. Teller Amendment (1898)- United States will not establish permanent control over Cuba US sugar, tobacco, fruit companies invest heavily, buy huge tracts of land
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The Imperial Debate: The Americas 1898-1914
Sp/Am War Aftermath:The Imperial Debate • Teller Amendment (1898)- United States will not establish permanent control over Cuba • US sugar, tobacco, fruit companies invest heavily, buy huge tracts of land • Platt Amendment (1901)- Forbids Cuba to enter into any other foreign treaties • US may intervene militarily / lease land for bases • Part of Cuban constitution despite protests
Sp/Am War Aftermath:The Imperial Debate • Hawaii/Puerto Rico annexed summer of 1898 • Philippines (narrowly) annexed in 1899 • Guerilla war lasts until 1901 • Location key to trade in China • Secretary of State John Hay proclaims an “open door” to China to European powers • US helps put down ‘boxer rebellion’ • China divided into ‘spheres of influence’
Sp/Am War Aftermath:The Imperial Debate • US purchases rights to build Panama Canal • $10 mil for rights PLUS $250,000 per year for 100 years • Columbian senate rejects, Panamanians revolt • U.S. sends warships as a signal to Colombians • Panamanian independence established, canal is completed by 1914
Sp/Am War Aftermath:The Imperial Debate • European capital still flooding into Latin America – loans and debt rise • In 1901, German, British, Italians blockade Venezuela over debts • Roosevelt Corollary to the Monroe Doctrine • US has power to manage foreign debt of all countries in the hemisphere
Sp/Am War Aftermath:The Imperial Debate • Roosevelt Corollary implementation becomes known as ‘Dollar Diplomacy’ during Taft • An effort to replace military might with financial know how • Sparks resentment in Latin America – various responses • Honduras – U.S. ‘sponsored’ revolution • Nicaragua – rejects DD, U.S. companies acquire banking and railroads
Sp/Am War Aftermath:The Imperial Debate • Woodrow Wilson elected in 1912 – denounces Big Stick diplomacy • Idealism of Wilson’s “moral diplomacy” • U.S. will offer a model to the world based on Constitutional principles and Christian morality • Leads to military intervention in Mexico, Hispanola, Chile