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Dollar diplomacy of the United States, particularly during the presidency of William Howard Taft (1909–1913) was a form of American foreign policy to minimize the use or threat of military force and instead further its aims in Latin America and East Asia through the use of its economic power by guaranteeing loans made to foreign countries. [1]
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Although exports rose sharply during Taft's administration, his Dollar Diplomacy policy was unpopular among Latin American states that did not wish to become financial protectorates of the United States. Dollar Diplomacy also faced opposition in the U.S. Senate, as many senators believed the U.S. should not interfere abroad. [92]
"Columbia's Easter bonnet". The bonnet is labelled "World Power". Puck magazine (New York), 6 April 1901 by Ehrhart after sketch by Dalrymple.. The history of U.S. foreign policy from 1897 to 1913 concerns the foreign policy of the United States during the Presidency of William McKinley, Presidency of Theodore Roosevelt, and Presidency of William Howard Taft.
American foreign policy under Wilson marked a departure from President Taft's "Dollar Diplomacy." Wilson wished to correct the American errors of the nineteenth century. [16] Instead, Wilson desired to extend American friendship to the nations of Latin America. In his 1913 Address Before the Southern Commercial Congress, Wilson states:
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Wilson concentrated on diplomacy, issuing the Fourteen Points that the Allies and Germany accepted as a basis for post-war peace. He wanted the off-year elections of 1918 to be a referendum endorsing his policies but instead the Republicans took control of Congress. After the Allied victory in November 1918, Wilson attended the Paris Peace ...
Though Taft did not identify as a feminist, she supported women's rights and used her position to advance the cause, convincing her husband to appoint women in government. [6]: 330 In 1912, she attended a House Rules committee inquiry to hear testimonies of police brutality against women, bringing awareness to the issue.