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Imperialism in Asia and Latin America. "Speak softly and carry a big stick; you will go far" Theodore Roosevelt. "Speak softly and carry a big stick” Idea that the U.S. should negotiate peacefully but be prepared to use military force when necessary. Imperialism in Asia and Latin America.
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Imperialism in Asia and Latin America • "Speak softly and carry a big stick; • you will go far" • Theodore Roosevelt
"Speak softly and carry a big stick” • Idea that the U.S. should negotiate peacefully but be prepared to use military force when necessary
Imperialism in Asia and Latin America • I. China • A. U.S. did not want to occupy or colonize Asia • 1. European countries had spheres of influence, areas of trading privileges • 2. Secretary of State John Hay created an Open Door Policy, where no country had trade privileges • 3. Boxer Rebellion (anti-Western rebellion) was put down with the aid of American troops
II. South America: • A. Panama Canal: • 1. Route through Panama (then part of Columbia) was chosen • 2. Panama had a revolution for independence; U.S. supported independence • 3. Hay-Bunau-Varilla Treaty: granted Panama independence and gave the U.S. control over the canal “in perpetuity,” or forever • 4.Panama Canal made Latin America a U.S. sphere of influence
B. Economic Influence in South America • 1. Monroe Doctrine (1823): U.S. would not get involved in European affairs or interfere with European colonies • a. Roosevelt Corollary (addition): the U.S. military (“international police power”) would respond to any attempt by a foreign nation to interfere with Latin American countries. • 2. Dollar Diplomacy: U.S. gave loans to Latin American countries, usually in exchange for control over banks, railroads, etc.