U1 - the territorial integrity of each other's possessions...

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U.S. policy in Asia .  At the turn of the century, Japan was the major power in Asia. Fearful of Japanese  dominance, Roosevelt played peacemaker in the conflict that broke out between Japan  and Russia in 1904 in the hope of limiting Japanese gains. The  Treaty of Portsmouth  (1905), which ended the Russo-Japanese War and earned the president the Nobel  Peace Prize, recognized Japan's influence in Manchuria (a province of China) but did  not include a cash indemnity and required Russia to give up only half of Sakhalin Island.  At the same time, in the  Taft-Katsura Agreement  (1905), the United States and Japan  acknowledged the United States' control of the Philippines and Japan's control of Korea.  Despite the tensions that arose because of immigration and the Gentlemen's  Agreement, relations between the two countries remained good. They agreed to respect 
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Unformatted text preview: the territorial integrity of each other's possessions in Asia, and Japan reconfirmed its support for the Open Door Policy through the Root-Takahira Agreement (1908). Taft's foreign policy relied on dollar diplomacy — spreading American influence through the economic penetration of overseas markets by U.S. corporations. In an attempt to maintain the independence of China, the administration unsuccessfully tried to establish an international banking syndicate that would buy back the railroads in Manchuria that were in the hands of the Japanese. The combination of a Japanese-Russian alliance and a lack of support from the Wilson administration led U.S. investors to reject the project. On the whole, dollar diplomacy was more effective in Central and South America than it was in Asia....
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