1. American History Chapter 10: Becoming a World Power
III. A New Foreign Policy

2. Bell Ringer
If we had to sail a ship from New York to Los Anglos, how long would the trip take? What route would we take?
What is the status of the Panama Canal today?

3. Objectives Find out why the US wanted to build the Panama Canal?
Learn about the goals of Roosevelt’s “big stick” diplomacy
Discover some ways in which the foreign policies of President Taft and Wilson differed from those of President Roosevelt.
Main Idea: President Teddy Roosevelt conducted a vigorous foreign policy that suited the new status of the US as a world power. President Taft and Wilson took a different approach to influencing other nations.

4. A) The Panama Canal
concession: a grant for a piece of land in exchange for a promise to use the land for a specific purpose
French bought a concession from Colombia for the Isthmus of Panama – 10 years later the quite.
US bought rights from France – Colombia refused to bargain
US promoted a rebellion – Panama became independent – 10 million dollars later we got the rights
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Panama Canal finished in 1914, 6 months ahead of schedule and 23 million dollars under budget (25mil)

5. B) Roosevelt’s Big stick Diplomacy
“Speak softly and carry a big stick”
Big stick is the US navy
Roosevelt Corollary: if Latin American became de-stabilized – US would become “an international police force” (Monroe Doctrine)
US took over Dominican Republic to pay off its debts
Russia and Japan went to war over China – US wanted an “open door” – Roosevelt mediated the dispute – won Nobel Peace Prize
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6. C) Foreign Policy After Roosevelt
Taft and Dollar Diplomacy, “dollars for bullets”
Dollar diplomacy: maintain peace by investing money in foreign economies
Host countries liked it, others did not
Wilson’s policy called moral diplomacy
Intervened in Mexico’s civil war – sent troops after Pancho Villa (Pershing) went to far and Mexico’s army attacked – US left in 1917

7. Review Why did the US want to build the Panama Canal?
What were the goals of Theodore Roosevelt’s “big stick” diplomacy?
In what ways did the foreign policies of President Taft and Wilson differ from those of President Roosevelt?
Main Idea: President Theodore Roosevelt conducted a vigorous foreign policy that suited the new status of the US as a world power. Presidents Taft and Wilson took a different approach to influencing other nations.