President Theodore Roosevelt (27th October, 1858 - 6th January,
1919) announced the Roosevelt Corollary to the Monroe Doctrine in
1904. The Monroe Doctrine of 1823 stated that attempts by Europeans
countries to interfere with or colonise countries in the Americas
would be viewed as acts of aggression. The Roosevelt Corollary
asserted the right of the US to intervene in the economies of
small, unstable Caribbean and Latin American states if they were
struggling to pay their debts to European powers.
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