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William Taft Foreign Policy

Friday, August 29th, 2008


William Taft was an active proponent of using American money to further the development of other countries, particularly those in Latin America. He called it “dollar diplomacy” and allowed his emphasis on development to rule much of his presidency.

Taft found himself having some trouble with Nicarauga, however, particularly with President Jose Santos Zelaya. The United States had an interest in building a canal in Panama, a sentiment echoed by Zelaya, as he tried to have a canal built in his own country to stymie American efforts. His bid was unsuccessful, however, and soon enough he not only found American-backed conservative opponents in his government but Marines on his doorstep. Zelaya later resigned, and the marines remained in place from 1907 to 1925.

However Taft preferred negotiation and judication to solve arguments - not surprising that he would become a judge - and was a constant proponent of as much while in office. He was particularly interested in a reciprocity treaty with Canada via Wilfred Laurier’s government, however since that government fell out of power the treaty collapsed.