Essay heading: Editorials

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American History


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July 31, 2006






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It was referred to as "Dollar Diplomacy" in as much as they believed that money would achieve national goals rather than bullets. In the end, it actually failed, but has very much been employed by other administrations. Even President Bush to a certain extent used such a strategy in gaining support for the Iraq War...
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Now even though Taft's Policy failed, it wasn't because of the plan, but because of how and when he used it. The Dollar Bill in America was becoming useless at the time, and Taft was a very desperate person at the time, but nowadays, our presidents know that the U.S. bill is worth more then most currency being used today...
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