| The Dollar Diplomacy accepted by William Howard | | | | consequences were productive. Unclear formulation of |
| Taft and State Secretary was applied to a large | | | | the principle allowed modification of the foreign |
| amount owing to the policy of domination and the | | | | strategy appropriate to changing wants of the United |
| Roosevelt Corollary. The of the policy was | | | | States and variations in the worldwide arena. On the |
| improvement of commercial savings in the Far East | | | | contrary, the Alliance for Progress had specific goals |
| and Latin America. Aggressive diplomacy of Taft to | | | | for expansion of Latin America which left less chance |
| make safe U.S. investment in these states intended to | | | | for shaping and maneuvering potential U.S. foreign |
| give confidence to U.S. investors to make sure they | | | | policy. |
| invest their extra dollars in countries of Latin America, | | | | President Kennedy has announced the fundamentals |
| as they were the major strategic importance for | | | | of the change from imperialism on March 16, 1961, on |
| Unites States. Such policy took a lot of forms and | | | | the next day the Alliance has been suggested to U.S. |
| contained extension of trade treaties, establishment of | | | | Congress. After three weeks President Kennedy |
| protectorates, acquisition of naval bases, military | | | | proclaimed his decision to go on with the intended |
| involvement to coerce both debtors and absolute | | | | attacks of Cuba. The correspondence between these |
| intervention in the voting. | | | | two events is absolutely not accidental. Kennedy only |
| The major trend of the long-established foreign policies | | | | assured security and support of own spot in Latin |
| is placing expansion of American authority across its' | | | | America accepting a plan which would be backed by |
| boundaries and country's stability in the international | | | | Latin America. Taking into consideration the U.S. |
| arena as the highest goal. In spite of the fact that | | | | relations with Cuba, the Alliance was an effort to |
| Dollar Diplomacy, Monroe Doctrine, and Roosevelt | | | | continue the revolution which has started earlier on the |
| Corollary were a result of U.S. tough imperialism, the | | | | continent. |