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Dollar Diplomacy is a good description for the new approach to foreign affairs that the Taft administration conceived. Their basic idea was that dollars would be a more effective means of achieving national goals than bullets.
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www.fortunecity.com/victorian/picasso/50/amcenBIV1.htm
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From 1909 to 1913, President William Howard Taft and Secretary of State Philander C. Knox followed a foreign policy characterized as "dollar diplomacy." Taft shared the view held by Knox, a corporate lawyer who had founded the giant conglomerate U.S. Steel, that the goal of diplomacy was to create stability and...
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www.state.gov/r/pa/ho/time/ip/16324.htm
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Under the name of Dollar Diplomacy the Taft administration engineered such a policy in Nicaragua. It supported the overthrow of José Santos Zelaya and set up Adolfo Díaz in his place, it established a collector of customs, and it guaranteed loans to the Nicaraguan government.
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www.puhsd.k12.ca.us/chana/staffpages/eichman/Adult_Scho...
www.puhsd.k12.ca.us/chana/staffpages/eichman/Adult_School/us/fall/power/dollardiplomacy.htm
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Whether we have a farseeing and wise diplomacy and are not recklessly plunged into unnecessary wars, and whether our foreign policies are based upon an intelligent grasp of present-day world conditions and a clear view of the potentialities of the future, or are governed by a temporary and timid expediency or by...
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www.mtholyoke.edu/acad/intrel/taft2.htm
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dollar diplomacy n. A policy aimed at furthering the interests of the United States abroad by encouraging the investment of U.S ... Dollar Diplomacy involved arrangements by which insolvent foreign governments gained access to U.S. private bank loans in return for direct U.S. financial supervision or for acting as part of...
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www.answers.com/topic/dollar-diplomacy
www.answers.com/topic/dollar-diplomacy
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Taft believed in economic expansion, and he introduced a policy called "dollar diplomacy." This policy used diplomacy to advance and protect American businesses in other countries. Taft employed Roosevelt's corollary in Nicaragua and other Latin American countries to protect American investments.
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www.smplanet.com/imperialism/teddy.html
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It was “the most generous act of any people, anytime, anywhere, to another people,” its chief administrator declared. It was “among the It was “the most staggering and portentous experiment in the entire history of our foreign policy,” the young Arthur Schlesinger, ... Sixty years after Secretary of State George C.
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www.newyorker.com/arts/critics/books/2007/08/27/070827c...
www.newyorker.com/arts/critics/books/2007/08/27/070827crbo_books_ferguson
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The role of Dollar Diplomacy in Mexico in the history of the United States of America. ... American Imperialism - Dollar Diplomacy; Hammond, whom we quoted, laid down the 14 points of dollar diplomacy. In the Pacific But the United States is not satisfied with the field afforded it by complete hegemony over the South...
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www.u-s-history.com/pages/h1071.html
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