Dollar Diplomacy Vs Roosevelt's Foreign Policy

In the year 1909, William H. Taft became the president and adopted the “dollar diplomacy” using the influence of Roosevelt’s foreign policy. Taft’s “dollar diplomacy” was different from Roosevelt’s “big stick” policy. For example, the “dollar diplomacy” would use the United States financial state to negotiate with foreign countries instead of using militia and scare tactics. How this would work was that the United States would pay off the foreign countries debt’s and then the countries would be in debt with the U.S only. Roosevelt’s “big stick” policy would be more straight forward and intimidating by sending military troops to those countries and forcing them to join or work with the U.S. In the end, Roosevelt’s “big stick” policy turned