In a 1904 address to Congress, President Theodore Roosevelt stated that the United States would intervene in the finances of countries in the Western Hemisphere who were unable to pay their debts to foreign creditors. Known as the Roosevelt Corollary, this was an addition to which U.S. foreign policy?
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The Roosevelt Corollary was an addition to the Monroe Doctrine, issued by President Monroe, which stated that any further encroachment by European countries in the Americas would be seen as an act of aggression.