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International finance--Political aspects

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Letter from Theodore Roosevelt to John Hay

Letter from Theodore Roosevelt to John Hay

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