The Drago Doctrine was announced in 1902 by the Argentine Minister of Foreign Affairs Luis María Drago. Extending the Monroe Doctrine, it set forth the policy that no foreign power, including the United States, could use force against an American nation to collect debt. It was supplanted in 1904 by the Roosevelt Corollary.
It grew from the ideas expressed by Carlos Calvo in Derecho internacional teórico y práctico de Europa y América, commonly known as the Calvo Doctrine. The Calvo Doctrine proposed to prohibit diplomatic intervention before local resources were exhausted.
The Drago Doctrine itself was a response to the actions of Britain, Germany, and Italy, who had blockaded and shelled ports in response to Venezuela's massive debt, acquired under president Cipriano Castro. A modified version by Horace Porter was adopted at the Hague in 1907, adding that arbitration and litigation should always be used first.
Famous quotes containing the word doctrine:
“I have found little that is “good” about human beings on the whole. In my experience most of them are trash, no matter whether they publicly subscribe to this or that ethical doctrine or to none at all. That is something that you cannot say aloud, or perhaps even think.”
—Sigmund Freud (1856–1939)