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The Roosevelt Corollary was articulated in the aftermath of the Venezuela Crisis of 1902–1903. In late 1902, Britain, Germany, and Italy imposed a naval blockade of several months against Venezuela after President Cipriano Castro refused to pay foreign debts and damages suffered by European people in a recent Venezuelan civil war. [3]
The Roosevelt Corollary to the Monroe Doctrine was a substantial alteration (called an "amendment") of the Monroe Doctrine by President Theodore Roosevelt in 1904. [5] In its altered state, the Monroe Doctrine would now consider Latin America as an agency for expanding U.S. commercial interests in the region, along with its original stated ...
The blockade provided the initial basis of the Roosevelt Corollary to the Monroe Doctrine. [14] [15] In 1904, although he had mentioned the basis of his idea beforehand in private letters, Roosevelt officially announced the corollary, stating that he only wanted the "other republics on this continent" to be "happy and prosperous".
In the final part of the address, Roosevelt discussed at length the November 1903 separation of Panama from Colombia and the importance of building a Panama Canal. Roosevelt stated, "For four hundred years, ever since shortly after the discovery of this hemisphere, the canal across the Isthmus has been planned. For two score years it has been ...
That individual was Josiah Royce in his 1914 work "A Word for the Times," which Roosevelt quoted by saying "What great crises teach all men whom the example and counsel of the brave inspire is the lesson: Fear not, view all the tasks of life as sacred, have faith in the triumph of the ideal, give daily all that you have to give, be loyal and ...
The Clark memorandum rejected the view that the Roosevelt Corollary was based on the Monroe Doctrine. However, it was not a complete repudiation of the Roosevelt Corollary but was rather a statement that any intervention by the U.S. was not sanctioned by the Monroe Doctrine but rather was the right of America as a state.
1927 – Clark Memorandum repudiates Roosevelt Corollary to Monroe Doctrine. 1928 – Kellogg–Briand Pact , multilateral treaty outlawing war by moral force of 60 signatory nations. 1929 – Young Plan reduces amount of reparations due from Germany to $8.0 billion over 58 years.
The 1906 State of the Union Address was written by Theodore Roosevelt, the 26th president of the United States, on Monday, December 3, 1906. He did not speak directly to the 59th United States Congress. He said, "The readiness and efficiency of both the Army and Navy in dealing with the recent sudden crisis in Cuba illustrate afresh their value ...