Ambassador Sternburg has suggested that the Great Powers form a “syndicate” to take possession of Venezuelan finances and prevent future European expeditions to collect debts. President Roosevelt did not provide a full answer but expressed his doubts that the American people would support such a system, especially since it would seem to conflict with the general interpretation of the Monroe Doctrine.

Collection

Library of Congress Manuscript Division

Creation Date

1903-03-13

Creator(s)

Roosevelt, Theodore, 1858-1919

Recipient

Hay, John, 1838-1905

Language

English

Period

U.S. President – 1st Term (September 1901-February 1905)

Repository

Library of Congress Manuscript Division

Page Count

2

Production Method

Typed

Record Type

Multi-image

Resource Type

Letter

Rights

These images are presented through a cooperative effort between the Library of Congress and Dickinson State University. No known restrictions on publication.

Citation

Cite this Record

Chicago:

Letter from Theodore Roosevelt to John Hay. [March 13, 1903]. Library of Congress Manuscript Division.
https://www.theodorerooseveltcenter.org/digital-library/o184476. Theodore Roosevelt Digital Library. Dickinson State University.

MLA:

Roosevelt, Theodore, 1858-1919. Letter from Theodore Roosevelt to John Hay. [13 Mar. 1903]. Multi-image.
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. January 30, 2026. https://www.theodorerooseveltcenter.org/digital-library/o184476.

APA:

Roosevelt, Theodore, 1858-1919., [1903, March 13]. Letter from Theodore Roosevelt to John Hay.
Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University.
Retrieved from https://www.theodorerooseveltcenter.org/digital-library/o184476.

Cite this Collection

Chicago:

Library of Congress Manuscript Division. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division. Theodore Roosevelt Digital Library. Dickinson State University.

MLA:

Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. January 30, 2026. https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.

APA:

Library of Congress Manuscript Division. Theodore Roosevelt Digital Library. Dickinson State University. Retrieved from https://www.theodorerooseveltcenter.org/collection/library-of-congress-manuscript-division.