Its only the beginning….. In order to succeed in the future….we must know what we did in the past. • James Monroe •His Presidential statement • Warning to European nations not to colonize further on the American continents. • Suggested that the US would refrain from intervention in European affairs as well. • James K. Polk's campaign slogan • This was the "fate" of the US. • We were "destined" to expand our boundaries from the Atlantic to the Pacific. • Secretary of State John Hay • Circular note - to nations with spheres of influence in China • There should be equal trading opportunities for all nations in China • Later extended - it would become the policy of the US to "preserve the territorial integrity of China" • Teddy Roosevelt - Presidential Extension to a former policy • "Perversion" of the Monroe Doctrine • Suggested that in cases of "chronic wrongdoing", the US may have to intervene in Latin American countries to protect American's new interests in the area. • President Taft's policy • Supported American commercial enterprises abroad with dollars rather than bullets • Particularly in Latin America and the Far East And the times they are a changing……Bob Dylan • Senate provision • Intended to encourage collective action in the event of aggression, particularly objectionable • Opponents - saw this as a threat to their role to declare war • Wilson - saw this as essential to the League's effectiveness • Senate ultimately rejected the Treaty of Versailles (along with Article X) due to the inability to compromise. • Action - seen as a return to isolation. • The Big Five nations (US, Britain, Japan, France, Italy) agreed to a 10 yr moratorium • Included: building of large warships; maintaining an established ratio of large warships, respectively • This was idealistic and temporary in nature. • Required: US - majority of the scrapping of large vessels • Included: No enforcement provisions • Appealed to many US taxpayers though. • US called this meeting • Purpose: to try to extend the ratio of warships arranged at the Washington Conference to smaller vessels • Attempt was a failure • Led to a quick naval expansion by the US Dawes and Young Plans • provided a US loan to Germany • Purpose - to help Germany establish an orderly payment of reparations to European Allies • reduced the amount of debt from Germany • Reduction was substantially lower than the amount Germany was expected to pay • Facilitate trade with Europe and protect the American economy. • Between France & the US • Outlawed war "as an instrument of national policy" • Signed by most nations throughout the world • But - no enforcement provisions included • Historians have compared it to "a letter to Santa Claus" • Committed major nations to respect each other's interests in the Pacific • Reaffirm the Open Door Policy in China • Semi-official statement of the Undersecretary of State • Repudiated the interventionist slant of the Roosevelt Corollary • Paved the way for the "Good Neighbor Policy" • Improved opportunities for favorable trade relations with Latin America