Notes, Speeches, Articles, and Addresses
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American bankers, Great Britain, J. P. Morgan and Co., Kuhn, Loeb and Co., National City Bank, First National Bank, Philander C. Knox, Monroe Doctrine, Cuba, Puerto Rico, China, France, Haiti, Washington Conventions, Nicaragua, Manuel Bonilla, Honduras Convention, Interoceanic Railway, William Howard Taft
The document is a transcribed copy of a newspaper article from the Washington Star concerning the American loan and interference in Honduras. The loan was made by a group of American bankers, and so the American government also has to ally itself with the Honduras government to protect the interests of its citizens. This interference relies on the backing of the Monroe Doctrine and the idea that the United States should promote peace and prosperity in its neighbors.
Francis Mairs Huntington-Wilson
Folder 1-13, Document 7
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Unknown, "Memorandum on the American Loan to Honduras, February 26, 1911" (1911). Notes, Speeches, Articles, and Addresses. 3.
The original article headlines read: "Honduras finances; Reasons for American loan agreement lately reached; Assistance was needed; Foreign creditors were pressing for settlements; American prestige at stake. Welfare of the canal enterprise involved - Monroe Doctrine in its bearing on the case. By an American diplomat."