Dollar Diplomacy-President Taft
Using the US government to guarantee loans made to foreign countries by US banks and businesses
Economic Imperialism-Taking control of another country's economy
US banks were in control of many businesses in Latin America
US said it was needed to keep European powers out of Latin America
"Substituting dollars for bullets"
President Woodrow Wilson
Practiced "missionary diplomacy"
Definition-----Us would not recognize any government that was oppressive, undemocractic and hostile toward the US
-Mexican government was overthrown by General Victoriano Huerta
-Wilson refused to recognize "a government of butchers"
-Wilson practiced "watchful waiting" in dealing with Huerta
US took over the Mexican port of Veracruz after Huerta arrested some American sailors
War was extremely close until Argentina, Brazil and Chile stepped in and tried to settle conflict
Huerta rejected the plan but his government collapsed shortly thereafter
Venustiano Carranza became President
Wilson recognized his government
Pancho Villa
At first was pro-American but soon changed after President Carranza aksed US to control Mexican mines
Killed dozens of US citizens on two different occasions (once on US soil)
President Wilson ordered General John Pershing (and 15,000) to go into Mexico and capture Villa
Eventually, the Mexican Army clashed with Pershing's forces
By 1917, both sides backed down (WWl)
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