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Discover the historical journey of the Panama Canal's construction with its impact on U.S.-Latin American relations. From the bold endeavors of President Roosevelt to the strategic intervention policies of Wilson, explore how the canal transformed global trade routes. Uncover the complexities of U.S. influence through the Monroe Doctrine, Roosevelt Corollary, and Dollar Diplomacy, shaping the Western Hemisphere's political landscape. Delve into the narrative of progress, power, and diplomacy in this pivotal era.
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Chapter 22 Sections 2-3 The United States and Latin America
The Panama Canal • The U.S. wanted a short-cut that would connect the Atlantic and Pacific Oceans • First country to attempt: France • President Roosevelt sent troops to Colombia when they refused to sell us the land for the canal. • Troops helped support a revolution by a group called the Panamanians – when they won, they formed their own country of Panama
Panama Canal, con’t • Canal is built by using a series of “Locks” – which raise and lower ships across 50 mile isthmus • Took ten years to build – 1904-1914 • Cost $375 million to build • 6,000 workers died building the canal
Panama Canal cont…. • U.S. paid Panama $10 million plus $250,000 per year for 99 year lease • Canal zone owned and operated by the U.S. until the year 2000 – now owned by Panama
Policing the Hemisphere • Teddy Roosevelt made it clear the U.S. would be dominant in Western Hemisphere. • Monroe Doctrine: Policy preventing other nations from intervening in Latin America • Roosevelt added the Roosevelt Corollary: Still prevented European intervention, but added that U.S. could act as “Policeman” in region • We could “Intervene” in domestic affairs if it helped the ‘stability’ of the region
Dollar Diplomacy: influencing governments through economic not military intervention. • Wilson and Democracy: • President Wilson rejected Taft’s dollar diplomacy and said the United States had a moral obligation to promote democracy in Latin America.