A New Foreign Policy Section 3

1900 U.S emerges as a world power McKinley assassinated

1901 Teddy Roosevelt becomes youngest ever U.S president Republican Party 42 years old 26 th president of the U.S

Panama Canal Built to link two oceans together – Faster shipping route – More mobile navy In 1903 U.S pays 10 million to Panamanian govt. for control of canal zone 11 years later canal was completed

Time saved NY to SF 6,100 miles instead of 15,000

Reaction to Canal Panama Canal was acquired through dirty tactics and Latin Americans had some ill will towards the U.S U.S would later pay the Columbian govt. 25 million for the canal

Roosevelt Corollary U.S would stop expansion U.S would only intervene if other countries did 1 st Ex. DR goes bankrupt – Europe goes to collect money – U.S handles DR’s finances and pays debt

William Howard Taft Elected 1908 Dollar Diplomacy was foreign policy – Called for the financial investment in infrastructures in other countries – Ex. Oil mines, roads, land, raildroads It failed as China’s govt. collapsed in 1911 Latin American nations resent the U.S

Woodrow Wilson Mexican Revolution – General Huerta overthrows Mexican govt. in 1913 Poncho Villa crosses U.S border and kills 15 people in 1916 Wilson sends U.S military into Mexico to find Villa Angers Mexican govt.