The Monroe Doctrine Of 1823: US

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“All that this country desires is to see the neighboring countries stable, orderly, prosperous”.In 1823, U.S. President J. Monroe created the Monroe Doctrine. The collaroy intervened as a last resort to ensure that other nations in the western hemisphere fulfilled their obligations to international creditors.
The Monroe Doctrine was meant to protect the newly freed South American countries, once Spanish colonies. The corollary gave the United States justification to protect the Latin American countries from European countries seeking to reclaim debts. This is nearly the same to the South American protection the Monroe Doctrine was trying to explain the terms of their basic intentions, the Roosevelt Corollary was not different from the Monroe

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