Imperialism of Decadence

Topics: United States, Latin America, Nicaragua Pages: 2 (598 words) Published: December 12, 2013
Modern History Sourcebook:
Francisco Garcia Calderón:
"Imperialism of Decadence", 1913
Calderón was a Peruvian diplomat and writer. Here he criticizes U.S. policy, as well as US businesses, for exploiting Latin Americans. He also warns of the dangers of cultural imperialism. Interventions have become more frequent with the expansion of frontiers. The United States have recently intervened in the territory of Acre, there to found a republic of rubber gatherers; at Panama, there to develop a province and construct a canal; in Cuba, under cover of the Platt Amendment, to maintain order in the interior; in Santo Domingo, to support the civilising revolution and overthrow the tyrants; in Venezuela, and in Central America, to enforce upon these nations, torn by intestine disorders, the political and financial tutelage of the imperial democracy. In Guatemala and Honduras the loans concluded with the monarchs of North American finance have reduced the people to a new slavery. Supervision of the customs and the dispatch of pacificatory squadrons to defend the interests of the Anglo-Saxon have enforced peace and tranquility: such are the means employed. The New York American announces that Mr. Pierpont Morgan proposes to encompass the finances of Latin America by a vast network of Yankee banks. Chicago merchants and Wall Street financiers created the Meat Trust in the Argentine. The United States offer millions for the purpose of converting into Yankee loans the moneys raised in London during the last century by the Latin American States; they wish to obtain a monopoly of credit. It has even been announced, although the news hardly appears probable, that a North American syndicate wished to buy enormous belts of land in Guatemala, where the English tongue is the obligatory language. The fortification of the Panama Canal, and the possible acquisition of the Galapagos Island in the Pacific, are fresh manifestations of imperialistic progress.... Warnings, advice,...
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