Bismarck's ultimate goal was to unite the German states into a strong German Empire with Prussia as its core. On September 30, 1862 Bismarck made his famous blood and iron speech, which implied that if Germany was to unify it would be with the use of military force. He hated liberalism, democracy and socialism.
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While WWI was fought in the trenches and used machine guns and poisonous gas, WWII was fought using modern artillery and machines utilizing more airplanes, ships, tanks, and submarines. Special operations methods were also developed during this war together with atomic missiles and secret communications.
Dollar Diplomacy of the United States—particularly during President William Howard Taft's term— was a form against American foreign policy to further its aims in Latin America and East Asia through use of its economic power by guaranteeing loans made to foreign countries. Historian Thomas A. Bailey argues that Dollar Diplomacy was nothing new, as the use of diplomacy to promote commercial interest dates from the early years of the Republic. However, under Taft, the State Department was more active than ever in encouraging and supporting American bankers and industrialists in securing new opportunities abroad. Bailey finds that Dollar Diplomacy was designed to make both people in foreign lands and the American investors prosper.[1] The term was originally coined by previous President Theodore Roosevelt, who did not want to intervene between Taft and Taft's secretary of state.
The concept is relevant to both Liberia, where American loans were given in 1913, and Latin America. Latin Americans tend to use the term "Dollar Diplomacy" disparagingly to show their disapproval of the role that the U.S. government and U.S. corporations have played in using economic, diplomatic and military power to open up foreign markets.
