President Franklin Roosevelt And The United States

During a 1928 goodwill speech in Latin America, President Herbert Hoover said, â€Å"We have a desire to maintain not only the cordial relations of governments with each other, but also the relations of good neighbors† (United States History). Hence, the Good Neighbor phrase was coined as the Coolidge Administration was criticized for armed intervention in Latin America. The Hoover Administration’s policies were created to strengthen relations with Latin America; for instance the retraction of the Theodore Roosevelt’s Corollary to the 1823 Monroe Doctrine that stated only the U.S. could gather debts owned by foreigners to countries in the Western hemisphere. It took President Franklin Roosevelt and his administration over 10 years to achieve†¦show more content†¦As a result, the US weaned these countries away from their economic and diplomatic links with the Axis Powers and brought them into the trajectory of US and the Allied Powers during World War II. Economically, the policy was successful, ultimately helping the US recover from the Great Depression. The Good Neighbor Policy decreased levies between the US and Latin America and resulted in allowed greater trade. US exports to Latin America increased and US investment in the region increased from the mid 1900’s to 1930’s until the adoption of the containment as the guiding principle of US security strategy in the late 1940’s. The Good neighbor Policy fostered an unprecedented atmosphere of inter-American cooperation. Roosevelt entered into office at the height of the Great Depression. Both the U.S. and Latin American nations were greatly affected by the economic downfall. The Good Neighbor Policy allowed the US to be able to develop trade relations with the grander Latin American countries. By 1933 mutual trade agreements were strengthened to improve the slumping US economy. In the 1930’s and 1940’s, the United States reversed its aggressive foreign policy towards Latin America and created a new economic and diplomatic relationship on kinder terms. Under this economic element of the Good Neighbor Policy, the US exports to Latin America double by 1940. This improvedShow MoreRelatedFranklin Delano Roosevelt And The President Of The United States1210 Words   |  5 Pagesand disability to lead a nation through war? Franklin Delano Roosevelt (FDR) writer of the speech â€Å"Pearl Harbor Address† and the President of the United States of America declared war on Japan in December 8, 1941 after â€Å"December 7, 1941 — a date which will live in infamy† (Roosevelt). A speech analysis on Franklin D. 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