U.S History (Unit 3 ) (part 3) By 3157058ridley 1898 The United States’ first global economy 1898 Puerto Rico was annexed by the U.S. 1898 The U.S. annexed Hawaii 1898 The U.S. annexed the Philippines 1899 John Hay’s Open Door Policy with China 1903 The U.S. asserted its right to intervene in Cuban affairs with the Platt Amendment 1912 President Taft’s Dollar Diplomacy with Latin America 1914 Panama Canal opened making passage between the Atlantic and Pacific Oceans easier 1914 World War I began in Europe 1917 The U.S. entered WWI due to German submarine warfare and the Zimmermann Telegram 1917 Woodrow Wilson delivered his 14 Points to eliminate the causes of war 1917 Woodrow Wilson made his “make the world safe for democracy” speech 1919 Treaty of Versailles was signed (punished Germany for WWI) 1919 The U.S. Senate rejected the Treaty of Versailles and failed to join the League of Nations 1920 League of Nations was created as a worldwide organization devoted to peace