Financial missionaries to the world the politics and culture of dollar diplomacy, 1900-1930 Rosenberg, Emily S. 1944- creator text bibliography History. ncu 2003 monographic eng print x, 334 pages ; 23 cm. Winner of the Society for Historians of American Foreign Relations' Robert H. Ferrell Book PrizeFinancial Missionaries to the World establishes the broad scope and significance of "dollar diplomacy," the use of international lending and advising, to early-twentieth-century U.S. foreign policy. Combining diplomatic, economic, and cultural history, distinguished historian Emily S. Rosenberg explains how private bank loans were extended to leverage acceptance of American financial advisers by foreign governments. In an analysis striking in its relevance to contemporary debates over international loans, she reveals how a practice initially justified as a progressive means to extend "civilization" by promoting economic stability and progress became embroiled in controversy. Vocal critics at home and abroad charged that American loans and financial oversight constituted a new imperialism that fostered exploitation of less powerful nations. By the mid-1920s, she shows, even early supporters of dollar diplomacy worried that, by facilitating excessive borrowing, the practice might induce the very instability and default that it supposedly worked against. Emily S. Rosenberg is DeWitt Wallace Professor of History at Macalester College. She is the author of A Date Which Will Live: Pearl Harbor in American Memory (published by Duke University Press) and Spreading the American Dream: American Economic and Cultural Expansion, 1890-1945. She is coauthor of In Our Times: America since 1945 and Liberty, Equality, Power: A History of the American People. Introduction -- 1. Gold-Standard Visions: International Currency Reformers, 1898-1905 -- The Meanings of Money and Markets -- Turning Silver Standards into Gold -- The Commission on International Exchange -- The New Specialists in International Financial Advising -- 2. The Roosevelt Corollary and the Dominican Model of 1905 -- Gender, Race, National Interest, and Civilization -- The Dominican Model -- Development of Investment Banking -- International Precedents for Fiscal Control -- Fiscal Control through Public-Private Partnership -- 3. The Changing Forms of Controlled Loans under Taft and Wilson -- Extending the Dominican Model -- Control by Private Contract -- Opposition to Taft's Dollar Diplomacy -- Tightening Dollar Diplomacy under Wilson -- Public-Private Interactions and Consenting Parties -- 4. Private Money, Public Policy, 1921-1923 -- The Postwar Political Economy and Loan Policy -- Postwar Controlled Loans in the Western Hemisphere -- 5. Opposition to Financial Imperialism, 1919-1926 -- The Postwar Anti-imperialist Impulse -- "Is America Imperialistic?" Conflicting Cultural Narratives -- Anti-imperialist Insurgency after 1924 -- The U.S. Government Backs Away -- 6. Stabilization Programs and Financial Missions in New Guises, 1924-1928 -- Approaches to Stabilization -- The Kemmerer Missions in South America -- European Stabilization and the Dawes Plan -- Poland: A Kemmerer Mission in Europe -- Persia: The Millspaugh Mission -- 7. Faith in Professionalism, Fascination with Primitivism -- Professionalization and Financial Markets -- Mass Culture and Primitivism -- 8. Dollar Diplomacy in Decline, 1927-1930 -- The Questionable Impact of Supervisory Missions -- Opposition to U.S. Supervision -- Deterioration of the Bond Market and the End of Foreign Lending -- Public Policy and the End of an Era -- Looking Backward and Forward -- Abbreviations -- Notes -- Index. Emily S. Rosenberg. Originally published: Cambridge, Mass.: Harvard University Press, 1999. Also issued online. Self-Renewing 2017 UoY Includes bibliographical references (pages 265-325) and index. n-us--- United States Foreign economic relations United States Economic policy To 1933 International finance History 20th century Economic policy International economic relations International finance United States Buitenlandse economische politiek Economische betrekkingen Financiële politiek To 1999 fast HF1455 .R615 2003 337.73/009/041 15.85 American encounters/global interactions 0822332191 9780822332190 9780822385233 0822385236 2003009457 http://site.ebrary.com/id/10207693 http://catdir.loc.gov/catdir/toc/ecip043/2003009457.html http://site.ebrary.com/lib/dukelibraries/Doc?id=10207693 http://site.ebrary.com/id/10207693 http://catdir.loc.gov/catdir/toc/ecip043/2003009457.html http://site.ebrary.com/lib/dukelibraries/Doc?id=10207693 DLC 030426 20190718162922.0 in00004058484 eng