HIST 2340W Lecture Notes - Lecture 7: Federal Circuit Court Of Australia, Nicaragua Canal, Dollar Diplomacy
Document Summary
*but for taft, he wants to achieve these things with economic measures and incentives instead of force. Knox-paredes loan convention giving us control of customs houses, signed in 1911 o ers a loan in exchange, us advisors are injected into the honduran government di erent from honduras. Nicaragua a country where american businesses/enterprises have been active for quite a long time nicaragua came under control of nationalist dictator named zelaya during late 19th century. Us would provide special training for elite technocrats, they would do the job of managing the economy. Taft worried about two things by doing this, place the xx. Us worried that liberia will disappear from the map. Us economic interest in rubber loan convention worked out for liberia. China could not take loan from any other countries outside the constortium not everyone in china agreed with this and yuan was never super popular criticisms of loan. Yuan"s government collapsed, 1916 after rebellion in yunnan.
