Money and Morality
Katie Zimmermann
Advanced Placement United States History
Mr. Bolger
2 November 2016 American foreign policy greatly changed in 1898. This was partially due to the the close of the western frontier, which caused citizens to fear that the once abundant natural resources would become scarce. The panic of 1893 further encouraged the search for new overseas markets. In 1898, America 's victory in the Spanish-American War ended the colonial Spanish empire in the Western Hemisphere. As a result of the war, America obtained Cuba, Guam, Puerto Rico, and the Philippines. America also annexed Hawaii during the war (The Spanish-American War, 1898). These foreign land gains helped America …show more content…
Businesses in America supported and gave loans to the Allied Forces during World War I. If they lost, American businesses would not have received their loans back ("5 Reasons for the US Entry into World War I"). President Wilson expressed America 's main moral incentive in his War Message to Congress where he argued that "The world must be made safe for democracy. Its peace must be planted upon the tested foundations of political liberty," and that in order to do that America must enter the war (Kelly, Martin). This goal was also displayed in Wilson 's 14 Points that emphasized self-determination and was against governments that were forced onto the people. During Wilson 's second term, he added to Roosevelt 's and Taft 's foreign policy goal. America 's entry into World War I changed American foreign policy through adding moral incentives to it, while continuing to use it for economic …show more content…
The Washington Conference in 1921 further proved America 's shift in its foreign policy, by continuing to work towards the safety of democracy. The international conference was called to prevent a naval armaments race and discuss the security arrangements of countries ' possessions in the Pacific ("Washington Conference"). In 1924, the Dawes Plan exhibited how American foreign policy continued to also aim for economic advancement. American banks lent Germany money to enable it pay back the reparations it agreed to pay to France and Great Britain in the Treaty of Versailles, which ended World War I. France and Great Britain then used those funds to pay back war debts to America. This enabled American banks and corporations to establish a presence in Europe 's economic life. In 1927, the Prime Minister of France, Aristide Briand, proposed a treaty between America and France that banned war between them. American Secretary of State Frank B. Kellogg acknowledged it with a proposal to ban war all together. They worked together to create the Kellogg-Briand Pact that was signed by 14 nations in Paris in 1928 ("Kellogg-Briand Pact"). America 's economic incentives in the Dawes Pact, and its moral incentives in the Washington Conference and Kellogg-Briand Pact displayed how America stayed true to its new foreign policy in its actions after World War