7.3: New American Diplomacy. Diplomacy The relationship that countries have with one another.

7.3: New American Diplomacy

Diplomacy

• The relationship that countries have with one another

A. China

1. Seen as great new market

2. US wants to trade w/China = Open Door Policy

3. Boxer Rebellion – revolt by Chinese rebels wanting foreigners out of their country

Theodore Roosevelt:“The Modern President”

B. Teddy Roosevelt and the World

1. Japan & Russia fight over Korea

2. TR negotiates peace agreement

3. Earns him Nobel Peace Prize 1906

4. TR builds “The Great White Fleet”

5. Japan follow suits

C. Hay-Pauncefote Treaty

• US has exclusive rights to build canal in

Central America

D. Panama Canal

1. Benefitsa. Save time, fuel, and money

b. Commercial and militarily

2. Nicaragua or Panama?

3. NicaraguaEasy terrain but very wide

4. PanamaMore narrow but very

mountainous

5. France had already begun in Panama

D. Panama Canal

1. Problem: Panama controlled by Columbia

2. TR supports rebellion of Panama against Columbia = sends in the Great White Fleet

3. Panama gains independence

Panama Canal

• 1904-1914 • $380 million• Paid Columbia $25

million for its loss• Relationship with

Latin America worsen

Roosevelt Corollary to the Monroe Doctrine

• US to act as an “international police”

• Goal: stop European powers from using the debt problems of LA to justify intervening in the region

• M.D. = European countries will not intervene in affairs of Latin America and vice-versa

"Speak softly and carry a big stick, and you will go far."

Dollar Diplomacy

• Pres. Taft’s policy of helping LA countries by encouraging Amer.businesses develop industries in LA

• Would increase income in both countries