Franklin D - Franklin D Roosevelt and the Shadow of War I...

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Franklin D. Roosevelt and the Shadow of War I. The London Conference a. London Economic Conference of 1933 i. Hoped to organize a coordinated international attack on the global depression. They wanted to do this by: 1. Stabilizing each nation’s currencies 2. Stabilize the rates at which they could be exchanged ii. This was essential to the revival of world trade b. America’s Response to the London Conference i. Roosevelt at first agreed to send an American delegation to the conference, including Secretary of State Cordell Hull. But the president soon began to have second thoughts about the conference’s agenda and announced America’s withdrawal from the negotiations ii. He preferred to solve America’s economic problems without other countries being involved iii. The delegates of the conference adjourned without having accomplished anything iv. The conference could’ve helped the world economically, but America’s attitude of every-man-for-himself didn’t give it a chance and plunged the world even deeper into an economic crisis v. All of this played into the hands of the dictators II. Freedom For the Filipinos and Recognition For the Russians a. Philippine Islands i. Why Freedom for the Philippine Islands? 1. Americans were paying taxes to support the islands 2. Americans wanted to exclude Filipinos from low-paying jobs (being that they were a U.S. territory, they could go to the U.S. easier than most) 3. American sugar produces wanted to eliminate Philippine competition ii. Tydings-McDuffie Act of 1934 1. Gave independence to the Philippines after a 12-year period 2. The U.S. agreed to give up its army bases, but not naval bases iii. Results of Neglecting the Philippines 1. Cutting off the island from the U.S. threatened the Philippines economically 2. It also boosted Japans confidence because Americans were being so isolationist b. Soviet Union i. Recognized them in 1933 over protests of: 1. Anti-communist conservatives
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2. Roman Catholics (against the Kremlin’s antireligious policies) ii. Why Give the Soviet Union Recognition? 1. Wanted to trade with them 2. Wanted to have the Soviet Union on friendly terms with the U.S. so that they could counter the power of Germany and Japan III. Becoming A Good Neighbor a. Roosevelt and Foreign Relations i. Said that “I would dedicate this nation to the policy of the Good Neighbor”: 1. Noninvolvement in Europe 2. Withdrawal from Asia 3. A more positive role in Latin America ii. This suggested that the U.S. was willing to be merely a regional power, and not a world power b. Why Was There A Change In Policy? i. Interventions had not paid off ii. The Great Depression stopped U.S. investment into Latin American and Caribbean countries iii. There was less money, so less reason to intervene in these countries c. Nonintervention i. With dictators seizing powers in Europe and Asia, Roosevelt wanted to keep the Latin Americans on his side to help defend the Western Hemisphere ii. To do this, Roosevelt formally declared
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Franklin D - Franklin D Roosevelt and the Shadow of War I...

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