Monday- no school
Tuesday-
Dollar Diplomacy- President Taft:
- using the us government to guarantee loans to foreign countries by us banks and business ---- instead of taking over a country by military, we own it by having lots of money in that country within business. We too it over by money, so we own.
- economic imperialism
- us banks were in control of many business in Latin america
- us said it was needed to keep European powers out of Latin america
- substituting for bullets
what types of business did the us invest in other country?
- mining
President Woodrow Wilson:
- Wilson's ethical and religious beliefs also influence his foreign policy
- practiced missionary diplomacy
- us would not recognize any government that was oppressive......................
Pancho villa Mexican expedition 1916-17
- Villa was pro american at first out but soon changed after president camarza asked us to control Mexican mines
- killed dozens of us citizens on two different occasions ounce on us soil
- president Wilson ordered general john Pershing and 15000 troops to go into mexico and capture Vila
- eventually, the Mexican army clashed with Pershing's forces
- by 1917, both sides backed down
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