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What did President Taft’s comments when New Mexico finally became a state mean?

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Answer:

The accession of New Mexico as a state of the United States was perceived as the Union's normal desire to expand to its natural geographical boundaries. President Taft outlined his vision for the new course of American diplomacy, named "dollar diplomacy." Taft rationalized the legitimacy of intervention in the Caribbean countries by the need to maintain and safeguard American trade and investment abroad. In his opinion, a favorable circumstance for the United States is that this will affect primarily all southern ports and ports located on the Gulf of Mexico, as well as industry and the entire business life of the South.

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