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From 1909 to 1913, President Taft and his Secretary of State followed a foreign policy called "Dollar Diplomacy". They promoted American financial investment in foreign countries (mostly South America), thus promoting America, and helping stabilize the economies of other countries.
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Secretary of State Philander Knox offered to buy the Manchurian railroads from Japan and Russia, and return them to Chinese control. Japan and Russia instantly refused the offer, which publicaly embarased the Taaft administration.
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In 1912, two thousand U.S. marines were sent to Nicaragua to quell a rebellion as to protect American investments in the country.
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In 1912 United States and five other counries offered China a very large loan in their efforts to secure influence in China, and open it up for world trade.
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Woodrow Wilson did not want to support trying to get advantages in South America through finance. He was also less interested in protecting business in South America than Taft.
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Wilson employed a policy during his presidency where he denied recognition to any South American government that in any way opposed American interests.
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By 1913, Americans owned around 43% of mexican land, had significant ownership of railroads, mines, oil, and had investet more than a billion dollars in the country.
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A revolution in Haiti forces president Wilson to send troops to Haiti in order to protect the Americans living there and American property. Because Haiti remained unstable, the troops remained there for another 19 years.
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From the start of WWI to April 1917, America followed a neutrality policy of not getting involved in the war in Europe. But when Germany's atrocities (like sinking ships, and trying to recruit Mexico in exchange for American lands) became too much, Wilson declared war on Germany.
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The Jones Act promised the Philippines independance as soon as they developed a stable government.
