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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".
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 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.
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:
The Roosevelt Corollary, articulated by President Theodore Roosevelt in 1904, states that the United States could intervene in the internal affairs of Latin American countries if they committed flagrant and chronic financial wrongdoings. The U.S. took over the police role to stop interventions by European powers.
Back in the 1450s, when the Bible became the first major work printed in Europe with moveable metal type, Johannes Gutenberg was a man with a plan. The German inventor decided to make the most of ...
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).