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This question seems to point to the overall trajectory of US government foreign policy in the 19th century. One of the most enduring legacies of Washington's Farewell Address was the suggestion that the US government withhold from pledging permanent allegiances or alliances with foreign countries.
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Monroe and the Farewell Address
James Monroe was the fifth president of the United States (from 1817 to 1825) and he had worked as a foreign minister and ambassador to France during Washington's government. President Monroe institution what would later be known as the Monroe Doctrine in 1823. It stated that the United States would not intervene in European affairs, thus extending the ideas of non-alliance that had been emphasized by Washington in his farewell address. There would be no intervention by the USA in European affairs so long as no one in Europe sought to colonize or otherwise interfere with the Latin American nations in the Western Hemisphere that were newly independent.
Theodore Roosevelt
If Monroe's foreign policy approach marked the consolidation of Washington's views on alliances and allegiances to foreign powers as embodied in the Farewell Address, one of the legacies of Teddy Roosevelt's presidency is that it ends this era of non-intervention and isolationism. Teddy Roosevelt was president of the United States from 1901-1909. The foreign policy endeavors undertaken by Teddy Roosevelt were not neutral or isolationist, although he continued to make claims to be non-interventionist in domestic politics because this was now an entrenched political position on the part of the United States as a whole. Roosevelt believed that the United States was becoming a world power after the Spanish–American War, so he sought ways to assert influence abroad. He mediated and hosted discussions to end the Russo-Japanese war, for example. Teddy Roosevelt is famous for using Big Stick Diplomacy so using the threat of force or strong-handed measures. He also instituted what became known as the Roosevelt Corollary to the Monroe Doctrine, which allowed the US to act a policing force in the Western Hemisphere and that European interests had to use the United States as an intermediary when taking up issues with Latin American nations.
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Buying on margin helped bring about the Great Depression because it helped to cause Black Tuesday when the stock market crashed. ... They could not repay their loans because the stock prices had not risen. When they could not repay their loans, they went broke. Because so many people could not repay loans, banks failed.
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