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This doctrine was a frank statement that the U.S. was willing seek leverage over Latin American governments by acting as an international police power in the region. Described as a policy of speaking softly but carrying a big stick, the Roosevelt announcement launched an era of the "big stick."
For further details see Second Venezuela Crisis .
Big Schtick!
Roosevelt was preoccupied with events in what he considered the United States' special sphere of influence: Latin America. Early in his presidency, he was fixated especially on the prospects of penetration into the region by the German Empire. Unwilling to share trading rights, let alone military control, with any other nation, Roosevelt embarked on a series of ventures in the Caribbean and South America that established a pattern of U.S. imperialism in the region that would long outlast his presidency.
Crucial to Roosevelt's thinking was an incident early in his presidency. When the government of Venezuela was no longer able to placate the demands of European bankers in 1902, navalA navy is the branch of the military that operates primarily on water. Most (but not all) armed forces make considerable distinction between the land-based warfare of an Army, the sea-based warfare of a Navy, and the air-based warfare of an Air Force ofte forces from Great BritainGreat Britain (often abbreviated as Britain is an island lying off the western coast of Europe, comprising the main territory of the United Kingdom. Great Britain is also used as a political term describing the combination of England, Scotland, and Wales,, ItalyThe Italian Republic or Italy ( Italian: Italia is a country in the south of Europe, consisting mainly of a boot-shaped peninsula together with two large islands in the Mediterranean Sea: Sicily and Sardinia. To the north, where it borders France, Switzer, and Germany erected a blockade along the VenezuelaThe Bolivarian Republic of Venezuela (Spanish: Republica Bolivariana de Venezuela "Bolivarian Republic of Venezuela") is a country in northern South America. 1 It borders the Caribbean Sea and the Atlantic Ocean to the north, Guyana to the east, Brazil ton coast even fired upon coastal fortifications to remind the Venezuelan caudilloCaudillo is a Spanish caudilho in Portuguese) word meaning "troop leader, military strongman". The related caudillismo is a cultural phenomenon that first appeared during the early 19th century in revolutionary South America, as a type of militia leader w of his debtDebt is that which is owed. A person who owes debt is called a debtor . People or organisations often enter into agreements to borrow something. Both parties must agree on some standard of deferred payment, most usually a sum of money denominated as units to some of their nationals. At first content to stand by and allow Venezuela to weather this assault, Roosevelt soon became suspicious of German intentions when German ships began to bombard a Venezuelan port. The German naval bombardment set off rumors that Germany planned to establish a permanent base in the region. In 19031903 has the latest occurring solstices and equinoxes for 400 years, because the Gregorian calendar hasn't had a leap year for seven years or a century leap year since 1600. Events January 1 Edward VII of the United Kingdom is proclaimed Emperor of India, Roosevelt warned the Germans (according to his own later account) that Admiral Dewey and his fleet were standing by in the Caribbean and would act against any German effort to acquire new overseas colonies. Thus, Roosevelt matched threat with threat; the German navy finally withdrew and the Europeans quickly retreated into the safer field of international diplomacy.
The incident helped to persuade Roosevelt that European intrusions into Latin America could result not only from aggression but from internal instability or "irresponsibility" (such as defaulting on debts) within the Latin American nations themselves. This left the United States and President Roosevelt with an even greater determination to shut European imperialism out of the Western Hemisphere.