A.P. U.S. History Notes
Chapter 37: “Franklin D. Roosevelt and the Shadow of
~ 1933 – 1941 ~
The London Conference
of the summer of 1933 was composed of 66 nations that
came together to try to make a worldwide solution to the
Franklin D. Roosevelt
at first agreed to send Secretary of State
but withdrew that agreement and scolded the other nations for trying
to stabilize currencies.
As a result, the conference adjourned accomplishing nothing, furthermore
strengthening extreme nationalism.
Freedom for (from?) the Filipinos and Recognition for the Russians
With hard times, Americans were eager to do away with their liabilities to the Philippine
Islands, and American sugar producers wanted to get rid of the Filipino sugar makers due to
In 1934, Congress passed the
, stating that the Philippines would
receive their 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, creeping into further isolationism, while
militarists in Japan began to see that they could take over the Pacific easily without U.S.
interference or resistance.
In 1933, FDR finally formally recognized the
, hoping that the U.S. could
trade with the USSR and that the Soviets would discourage German and Japanese
Becoming a Good Neighbor
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.
In 1933, FDR renounced armed intervention in Latin America at the
in Montevideo, Uruguay, and the following year, U.S. marines left
U.S. also lifted troops from Panama, but when Mexican forces seized Yankee oil properties,
FDR found himself urged to take drastic action.
However, he resisted and worked out a peaceful deal.
His “good neighbor” policy was a great success, improving the U.S. image in Latin
Secretary Hull’s Reciprocal Trade Agreement
Secretary of State Hull believed that trade was a two-way street, and he had a part in
Congress’s passing of the
Reciprocal Trade Agreements Act
in 1934, which activated
low-tariff policies while aiming at relief and recovery by lifting American trade.