'Dollar diplomacy' (1909–1913)
Using American investment and loans to extend US influence abroad
US Presidents · 20th century
1857–1930 · American
Republican
In office: 1909–1913
William Howard Taft, Theodore Roosevelt's hand-picked successor, served one term as the 27th president, pursuing "dollar diplomacy" abroad and more antitrust suits than Roosevelt at home. His falling-out with Roosevelt split the Republicans in 1912, leaving Taft a distant third. In 1921 he fulfilled his real ambition when he became Chief Justice, the only person to hold both offices.
'Dollar diplomacy' (1909–1913)
Using American investment and loans to extend US influence abroad
Sixteenth Amendment (federal income tax) sent to the states (1909)
Proposed by Congress in 1909 and ratified in 1913
The Payne–Aldrich Tariff (1909)
A tariff bill that angered progressive Republicans
The Ballinger–Pinchot affair (1909–1910)
He fired chief forester Gifford Pinchot, widening the rift with Roosevelt
The first presidential ceremonial first pitch (1910)
Threw out the first ball of the baseball season in Washington