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Insultingly, the Venezuelans received not a single seat on the agreed-upon arbitration commission. In effect, the British, occupied elsewhere, had ceded dominance to the United States in Latin America. S. to find more enemies to challenge. e next, and greatest, Latin American intervention was of course in Cuba, where a Republican administration entered the war goaded by its jingo wing closely allied to the Morgan interests, led by young Assistant Secretary of the Navy eodore Roosevelt and by his powerful Boston Brahmin mentor, Senator Henry Cabot Lodge.

Insultingly, the Venezuelans received not a single seat on the agreed-upon arbitration commission. In effect, the British, occupied elsewhere, had ceded dominance to the United States in Latin America. S. to find more enemies to challenge. e next, and greatest, Latin American intervention was of course in Cuba, where a Republican administration entered the war goaded by its jingo wing closely allied to the Morgan interests, led by young Assistant Secretary of the Navy eodore Roosevelt and by his powerful Boston Brahmin mentor, Senator Henry Cabot Lodge.

P. MORGAN 5 program of economic and political expansion abroad. At the heart of the new policy were America’s leading bankers, eager to use the country’s growing economic strength to subsidize and force-feed export markets and investment outlets that they would finance, as well as to guarantee ird World government bonds. e major focus of aggressive expansion in the 1890s was Latin America, and the principal Enemy to be dislodged was Great Britain, which had dominated foreign investments in that vast region.

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