President William Taft's Dollar Diplomacy
William Taft was a good republican president his graduation from Yale, and study of and practice of law gave him the knowledge to be a great president. He promoted the dollar diplomacy, and dispatched troops to held citizens sate safe. He passed the sixteenth amendment, as well as Mann-Elkins Act of 1910. William Taft promoted the Dollar Diplomacy in 1909. The diplomacy is primarily associated with the administration and the foreign policy of Secretary of State Philander C. Knox and President William Taft. This policy was to help promote american sales overseas. Evident in extensive U.S. interventions in the Caribbean and Central America, especially in measures undertaken to safeguard American financial interests. The Dollar Diplomacy was successful at first but the ended up falling in 1913. The falling out was do to counteract economic instability and the tide of revolution in places like Mexico, the Dominican Republic, Nicaragua, and China. William taft also passed the sixteenth amendment. This …show more content…
Taft rose swiftly through the ranks, as county prosecutor, state judge, then at 32, in 1890, he became the youngest appointee as U.S. Solicitor General by President Benjamin Harrison, which moved the family to Washington for two years. Back in Washington, D.C. by 1904, Taft became President Theodore Roosevelt 's secretary of war. Two years later, when Roosevelt offered him the choice to serve as either president or chief justice, Taft naturally chose his dream job. However, following a private meeting between Nellie and Roosevelt, Taft was swayed into running for the U.S. presidency instead. Taft disliked the campaign--"one of the most uncomfortable four months of my life." But he pledged his loyalty to the Roosevelt program, popular in the West, while his brother Charles reassured eastern
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