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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 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".
McKinley was assassinated in September 1901 and was succeeded by Vice President Theodore Roosevelt. He was the foremost of the five key men whose ideas and energies reshaped American foreign policy: John Hay (1838-1905); Henry Cabot Lodge (1850-1924); Alfred Thayer Mahan (1840-1914); and Elihu Root (1845-1937).
Roosevelt's pronouncement was especially meant as a warning to Germany, and had the result of promoting peace in the region, as the Germans decided to not intervene directly in Venezuela and in other countries. [156] A crisis in the Dominican Republic became the first test case for the Roosevelt Corollary. Deeply in debt, the nation struggled ...
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 ...
Seeking to minimize European power in Latin America, he mediated the Venezuela Crisis and declared the Roosevelt Corollary. Roosevelt mediated the Russo-Japanese War (1904–1905), for which he won the 1906 Nobel Peace Prize. He pursued closer relations with Great Britain. Biographer William Harbaugh argues:
In 1904, President Theodore Roosevelt added a "Corollary" to the Doctrine, which would later become known as the Roosevelt Corollary. Under this new interpretation of the Monroe Doctrine, opposition to European expansion continued, but in the event of "bad behavior" on the part of Latin American countries, "is was [now] the obligation of the ...
Theodore Roosevelt Jr. [b] (October 27, 1858 – January 6, 1919), also known as Teddy or T. R., was the 26th president of the United States, serving from 1901 to 1909. Roosevelt previously was involved in New York politics, including serving as the state's 33rd governor for two years.