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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]
The 1912 State of the Union Address was given on Tuesday, December 3, 1912. It was written by William H. Taft, the 27th president of the United States.He stated, "The position of the United States in the moral, intellectual, and material relations of the family of nations should be a matter of vital interest to every patriotic citizen."
Taft and Secretary of State Knox instituted a policy of Dollar Diplomacy towards Latin America, believing U.S. investment would benefit all involved and minimize European influence in the area. Although exports rose sharply during Taft's administration, his Dollar Diplomacy policy was unpopular among Latin American states that did not wish to ...
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. [206]
He would eventually serve as the 31st United States Secretary of War and the 34th United States Attorney General. [4] Subsequent to serving in those positions, Taft also served as United States Minister to Austria-Hungary, being appointed to this position in 1882 and in 1884, serving as United States Minister to Russia until 1885. Wikilinks
The United States occupation of Nicaragua from August 4, 1912, to January 2, 1933, was part of the Banana Wars, when the U.S. military invaded various Latin American countries from 1898 to 1934. The formal occupation began on August 4, 1912, even though there were various other assaults by the United States in Nicaragua throughout this period.
The longshoremen’s strike that bottled up U.S. ports from Maine to Texas has put Joe Biden in a tough political spot five weeks out from the presidential election.
Roosevelt overwhelmingly won the primaries — winning 9 out of 13 states. Both Taft and Roosevelt lost their home states to each other. Senator Robert M. La Follette, a reformer, won two states, including his home state of Wisconsin. Through the primaries, Senator La Follette won a total of 36 delegates; President Taft won 48 delegates; and ...