Question

As part of President Taft's dollar diplomacy efforts in Honduras, U.S. bankers agreed to guarantee Honduran independence in exchange for control of the railroads. What was the final outcome of this foreign policy attempt? 1) the measure was rejected by the honduran legislature under the Davila regime 2) the measure was expanded to also include costa rica and puerto rico 3) the measure was agreed to by both governments after negotiations 4) the measure was rejected by the u.s. senate due to anti-trust legislations

Answer 1

The measure part of President Taft's dollar diplomacy in Honduras for U.S. control over railroads in exchange for guaranteeing independence was rejected by the Honduran legislature under the Davila regime.

The option (1) is correct.

The final outcome of President Taft's dollar diplomacy efforts in Honduras was that the measure for U.S. bankers to guarantee Honduran independence in exchange for control of the railroads was rejected by the Honduran legislature under the Davila regime.

This rejection indicates a push back against the economic influence the U.S. sought through its dollar diplomacy policy, which aimed to use economic power and investments to secure American interests and promote stability in the region. It also reflects the overarching trend of resistance from Latin American countries against policies perceived as economic imperialism.