This preview shows pages 1–3. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: 9/17/07 Lecture 5The New American Empire I. Economics of Imperialism A. Industrial Boom/Economic Crisis 1. Labor Strife 2. Third Party (Populist) Challenge B. Secretary of State John Hay II. Spanish-American-Cuban-Filipino War A. End of Spanish Empire B. U.S. Involvement 1. William McKinley 2. USS Maine III A Splendid Little War A. Myth vs. Reality IV. The Filipino Rebellion A. Bloody Uprising B. Racial Conflict C. Path to China D. Significance of U.S. Foreign Policy-There was a surplus of manufactured and agricultural goods at the end of the 19 th century. The consumer demand fluctuated and caused an unstable economy. Industrial workers and farmers became concerned and gave rise to a third political partythe Populists.-John Hay was Lincolns personal secretary during the Civil War. He used his clout to get into the steel industry in the late 19 th century. He saw the labor unrest up close. To accommodate the high level of production, to stabilize the economy, business would have to be able to market their goods internationally. Hay implemented this idea when he became Secretary of State.-Because of the 19 th century pattern of colonialism, Hay was unsure what markets to enter. European countries controlled most of Africa, and large parts of Asia. In response to this situation, Hay created the open door policy. The idea of open door was that all parties would benefit if territorial control were eliminated and comparative advantages were maximized. He thought that since the U.S. was the global leader in manufacturing, the U.S. would benefit the most. His task was to convince the European powers of how they could benefit from the open door. Hay was particularly interested in the Chinese market.-The Spanish-American War. Traditionally associated with Teddy Roosevelt. The war began in Cuba, one of the last possessions of the once-great Spanish Empire. There was a rebellion in Cuba to be free of Spanish rule. In 1897 Cubans rose up against Spanish control. Since Cuba was its last holding, Spain sent 150,000 troops to Cuba....
View Full Document
This note was uploaded on 07/18/2011 for the course HIST 2301 taught by Professor Trobridge during the Fall '07 term at Texas Tech.
- Fall '07