Chapter 33 Fill-In Notes.pdf - Chapter 33 FDR and the...

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Chapter 33 FDR and the Shadow of War I. The London Conference 1. The 1933 London Conference composed 66 nations that came together to hopefully develop a worldwide solution - to the Great Depression. a. President Franklin D. Roosevelt at first agreed to send Secretary of State Cordell Hull, but then withdrew from that agreement and scolded the other nations for trying to stabilize currencies. =the conference adjourned accomplishing nothing +furthermore strengthening American isolationism. II. Freedom for (from?) the Filipinos A. Americans were eager to do away with their liabilities in the Philippine Islands American sugar producers wanted to get rid of the Filipino sugar producers due to the competition they created. B. Tydings-McDuffie Act (1934)= the Philippines would receive independence after 12 years of economic and political tutelage, in 1946. Army bases were relinquished, but naval bases were kept. *Americans were freeing themselves of a liability and creeping into further isolationism C. In 1933, FDR finally formally recognized the Soviet Union *Hoping that: 1. The U.S. could trade - with the U.S.S.R. 2. That the Soviets would discourage German and Japanese aggression. III. Becoming a Good Neighbor A. In terms of its relations with Latin America, the U.S. wanted to be a “good neighbor,” showing that it was content as a regional - power, not a world one. B. In 1933, FDR renounced armed intervention in Latin America at the Seventh Pan- American Conference in Montevideo, Uruguay =the following year, U.S. marines left Haiti . C. The U.S. also lifted troops from Panama, but when Mexican forces seized Yankee oil properties, FDR found himself urged to take drastic action . a. However, he resisted and worked out a peaceful deal. b. His “ good neighbor” policy was a great success, improving the U.S. image in Latin American eyes IV. Secretary Hull’s Reciprocal Trade Agreement A. Reciprocal Trade Agreements Act in 1934= activated low- tariff policies while aiming at relief and recovery by boosting American trade.
B. Lowered objectionable schedules of the Hawley-Smoot law by amending them, lowering rates by as much as half, provided that the other country would do the same toward the United States. 1. Act reversed the traditional high -tariff policy that had damaged America before 2. Paved the way for the American-led free-trade international economic system that was implemented after World War II. V. Storm Cellar Isolationism A. After World War I, many dictatorships sprang up, including Joseph Stalin of the Soviet Union, Benito Mussolini of Italy, and Adolph Hitler of Germany. Of the three, Hitler was the most dangerous, because he was a great orator and persuader who led the German people to believe his “big lie ,” B. In 1936, Nazi Hitler and Fascist Mussolini allied themselves in the Rome-Berlin Axis.

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