What is dollar diplomacy? What is moral diplomacy?

 The President controls foreign policy.  Nations must be “physically fit.”  strong military (Navy)  “Civilized” and “Uncivilized” nations  “uncivilized” supplied raw materials  “civilized” manufactured goods and needed markets for them  “Civilized” nations must create stability in “uncivilized nations.

 Security  Expand trade  Promote the general welfare of citizens  Protect overseas property and citizens  Controls immigration  Power and prestige

 “Speak softly and carry a big stick” – Do what is in the best interest of your nation. Don’t create problems, but be prepared for them.  Build up the Navy and display it.  Build a canal in Panama.  Roosevelt Corollary (added to the Monroe Doctrine) the U.S. has the right to intervene in Latin American affairs to create stability.

 Encourage American business investment in foreign nations.  Create economic independence.  Encourages an alliance with the U.S.  Discourages European involvment.

 Democracy is a morally superior government.  Teach “uncivilized” nations about democracy to create stability.  Will encourage an alliance with the U.S.  Relies heavily on the “good nature” of people.

JuJuland is a small island nation in the Caribbean. For years, the island has traded bananas and coffee to the U.S. in exchange for automobiles and computers. Total, U.S. trade with JuJuland accounts for 40% of the bananas and 25% of the coffee consumed in the U.S., and JuJuland buys 10% of the automobiles and 15% of the computers exported by the U.S. A dictator has recently come to power in JuJuland, and he believes the U.S. is taking advantage of the island. He calls for the immediate end to trade with the U.S. How would Roosevelt, Taft and Wilson each deal with this situation?