Day 107 US Economic Imperialism

1
Day 107 US Economic Imperialism

• Homework 382-387

2
Latin America After Independence from Spain

• System of Debt Peonage
• Distribution of Wealth
• Caudillos- land owners ruling region as dictators
• All Venezuela is my cattle ranch Juan
  Vincent Gomez
• US typically backed Caudillo because it was
  easier to influence

3
Foreign Influence

• Banana Republics
• Banana Wars- 1906 marines land on election day
  and occupy Nicaragua until 1933.
• Cash Crops
• Heavy Investment from Europe and the United
  states- again mostly with caudillos

4
Latin American Empire

• 1823 Monroe Doctrine- Concert of Europe was going
  to put Spanish back in power and the US responds.
• 1868 Cuba declares independence from Spain
• US economic stake
• Spanish Concentration camps US objects (10
  years later they do the same thing to
  Philippines)
• Platt Amendment in Cuba gives US right to invade
  if interest is not being met

5
Spanish American War

• US sets up puppet government in Cuba
• Platt Amendment- US can intervene anytime
• Puerto Rico is annexed
• Foraker Act- US Congress could overrule Puerto
  Rican legislature. There would be a
  representative in US congress but with no vote
• 1917 Jones Act- Puerto Ricans become citizens.

6
Panama

• Trip shortened from 13,000 miles to 4,000 (Canal
  is 13 miles across)
• French try but fail (Malaria and Yellow Fever)
• Roosevelt offers Columbia 10 million
• Panama had been trying to become independent for
  over 100 years
• Just as they are about to defeat Columbia the US
  declares war against Columbia shoots one cannon
  shot and Columbia signs panama over
• Teddy Roosevelt I have taken the isthmus
• Columbia is paid 25 Million

7
Roosevelt Corollary

• Big Stick Policy
• US as police power in the Western Hemisphere
• Influence and Invasion

8
Intervention

• 1823- Monroe doctrine
• 1846- Mexico (Texas)
• 1848- Mexico (Mex- American War)
• 1854- Bombard Nicaragua for trying to collect tax
  on Cornelius Vanderbilts Yacht
• 1855- William Walker names himself President of
  Nicaragua, Honduras and El Salvador restoring
  slavery and in the name of several US bankers
• 1890- Argentina to protect interests
• 1891- Chile clash with Nationalists
• 1891- put down revolt of black workers
• 1894- month long occupation in Blue field
  Nicaragua
• 1898-1933 Invasion of Nicaragua (War Against
  Sandino)
• 1898- Spanish American War- Annexation of Guam,
  Philippines, Hawaii, and Puerto Rico
• 1899- Platt Amendment and Guantanamo Ceded in
  Cuba
• 1903 Panama Canal

• 1903 US Marines intervene in Honduras revolution
• 1903 Dominican Republic invaded
• 1907- Intervention in Panama election
• 1906-1933 Marines land on election days in
  Nicaragua and maintain occupation
• 1911- Intervention in Honduran Civil War
• 1914 shelling of Vera Cruz for refusal to salute
  American Flag
• 1914 Invasion Dominican Republic and Haiti
• 1914-1934 Occupation of Haiti
• 1916-1924 Occupation Dominican Republic
• 1919- Honduras Marines land during election
  Campaign
• .and much more to come

9
Summary

• What is a caudillo?
• Which war resulted in the Spanish losing the last
  of its colonies to the United States?
• What did the Roosevelt Corollary do?
• What region did the Monroe Doctrine intend to
  keep out of Latin American affairs?