The correct option is the first one: Europeans were not to interfere in the Americas and America would remain neutral in wars between European countries.
In 1823 in the annual message to the Congress , President James Monroe enunciated some important points regarding the foreign policy:
- The U.S refused to intervene with the conflicts between European powers.
- As well, the United States confirmed it was aware of the existing colonies by that time in the Western Hemisphere and would not impede that existence.
- On the other hand, U.S formally banned any attempt of forthcoming colonization or any other form of control over Western Hemisphere.