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Roosevelt, Theodore, as Twenty-sixth President
Description
Literature
Condition
In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective qualified opinion.
NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING CONDITION OF A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF SALE PRINTED IN THE CATALOGUE.
Catalogue Note
Roosevelt implements his Corollary to the Monroe Doctrine.
Thomas Cleland Dawson (1865-1912) served as consul to Santo Domingo from 1904 to 1907, while his successor Fenton R. McCreery (1866-1940) served from 1907 to 1909. It was in this period that the Roosevelt Corollary to the Monroe Doctrine was announced by Roosevelt in his annual message to Congress, 6 December 1904, expressing the intention of the U.S. government to intervene preemptively in the domestic affairs of Central American and Caribbean countries delinquent in the payment of their public debts to private lenders in Europe, so as to forestall European military intervention which would breach the Monroe Doctrine.
The government of the Dominican Republic had fallen into a state of international bankruptcy and was faced with the prospect of European military intervention to collect debts. According to a convention imposed by the Roosevelt administration upon the Dominican Republic in 1907, the president of the United States was authorized to appoint a General Receiver for the collection and proper administration of all Dominican customs duties revenues. This 1907 Loan Convention did not explicitly grant the United States a right to intervene in the Dominican Republic, but one article said the U.S. could provide the General Receiver with "such protection as it may find to be requisite for the performance of their duties." In 1916 President Wilson placed the Dominican Republic under military occupation over an alleged failure to fulfill the terms of this Convention.
Elihu Root (1845-1937) was awarded the Nobel Peace Prize in 1912 for his extensive achievements in establishing international tribunals and arbitration agreements.