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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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No foreign affairs controversy tested Taft's policy more than the collapse of the Mexican regime and subsequent turmoil of the Mexican Revolution. [97] Taft and Porfirio Díaz, Ciudad Juárez, Mexico, 1909. When Taft entered office, Mexico was increasingly restless under the grip of longtime dictator Porfirio Díaz.
"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.
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This lack of flair marked Taft's presidency; according to Lurie, Taft "was boring—honest, likable, but boring". [147] Mason called Taft's years in the White House "undistinguished". [148] Coletta deemed Taft to have had a solid record of bills passed by Congress, but felt he could have accomplished more with political skill. [149]