Word: nabors
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Dates: during 1936-1936
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...Roosevelt good-nabor policy represents the first enlightened approach to Latin American diplomacy in over two centuries. Under that policy, the United States has declined to intervene in internicine affairs and has respected the political autonomy of its Caribbean neighbors. Action by the State Department in the Chaco war and in the Machado fiasco was taken only after careful consultation with the leading powers of the southern hemisphere. The Rooseveltian repudiation of the Socony-United Fruit-Chase National policies of Hoover and Coolidge has won favor throughout Hispanic America. It has paved the way for the extremely lucrative reciprocal tariff...
Therefore it would seem reasonable that the principles of the good nabor policy should be applied in solution of the Nicaragua affair. When and if the time arrives to determine whether or not to recognize the new Somoza government, Washington would do well to follow its 1933 precedent, and consult with the ABC powers prior to taking any definite action...