Did the Roosevelt Corollary propose a massive foreign aid program?

Answer 1

The Roosevelt Corollary to the Monroe Doctrine was a substantial alteration (called an "amendment") of the Monroe Doctrine by U.S. President Theodore Roosevelt in 1904. President Theodore Roosevelt's 1904 extension of the Monroe Doctrine in which he asserted the right of the United States to intervene in Latin American nations' affairs. In its altered state, the Monroe Doctrine would now consider Latin America as an agency for expanding U.S. commercial interests in the region, along with its original stated purpose of keeping European hegemony from the hemisphere. In addition, the corollary proclaimed the explicit right of the United States to intervene in Latin American conflicts exercising an international police power. Roosevelt cut with a long tradition of isolationism and initiated an interventionist and imperialistic foreign policy. This earned him a lot of criticism in the United States; opposition in Congress reproached him with breaking international law and the U.S. Constitution. An extract out of the "Roosevelt-Corollary:" All that this country desires is to see the neighboring countries stable, orderly, and prosperous. Any country whose people conduct themselves well can count upon our hearty friendship. If a nation shows that it knows how to act with reasonable efficiency and decency in social and political matters, if it keeps order and pays its obligations, it need fear no interference from the United States. Chronic wrongdoing, or an impotence which results in a general loosening of the ties of civilized society, may in America, as elsewhere, ultimately require intervention by some civilized nation, and in the Western Hemisphere the adherence of the United States to the Monroe Doctrine may force the United States, however reluctantly, in flagrant cases of such wrongdoing or impotence, to the exercise of an international police power. Shift to the "Good Neighbor policy" Presidents cited the corollary to justify U.S. intervention in (and occupation of) Cuba (1906-1910), Nicaragua (1909-1911, 1912-1925 and 1926-1933), Haiti (1915-1934), and the Dominican Republic (1916-1924). In 1930, the Clark Memorandum stated that the U.S. did not have the right to intervene unless there was a threat by European powers, reversing the Roosevelt Corollary. In 1934, Franklin D. Roosevelt further renounced interventionism and established his "Good Neighbor policy" of lessened military suspicion.