How the big stick policy effected latin america?

Big Stick Diplomacy or Big Stick Policy was the slogan describing U.S. President Theodore Roosevelt’s corollary to the Monroe Doctrine. The United States, he claimed, had the right not only to oppose European intervention in the Western Hemisphere, but also intervene itself in the domestic affairs of its neighbors if they proved unable to maintain order and national sovereignty on their own. In essence this policy can be reduced to, “We are going to intervene to prevent you from intervening.” The crux of this policy, however, is that in order for it to be effective one must actually use the proverbial big stick once as a means of demonstration. It may be a later, subtler version of Gunboat Diplomacy. This in turn led to the Dollar Diplomacy in the following Taft administration. Examples of its use include:

support for the creation of the nation of Panama in 1903, when Colombia rejected Roosevelt’s proposal to build the Panama Canal. the Dominican Republic in 1903-1905, when a debt crisis raised the specter of European intervention. Cuba in 1906, with an American occupation lasting 28 months. Roosevelt first articulated this slogan at the Minnesota State Fair on September 2, 1901, twelve days before the assassination of President William McKinley, which subsequently thrust him into the Presidency. Roosevelt got the term from a West African proverb,”Speak softly and carry a big stick; you will go far.”First Use Roosevelt conducted an aggressive foreign policy using Big Stick Diplomacy. Through this policy, the United States became increasingly assertive in the early 1900s acting as an international police force. Eventually, the phrase “Big Stick” was used in reference to any foreign policy that backed up negotiations with the implicit threat of military force http://en.wikipedia.org/wiki/Big_Stick_Policy