We have made the terms not merely hard, but often prohibitory, with the result that American capital goes into foreign countries, like Mexico, and is there used with immense advantage to the country in its development, while it can not go into our own possessions or be used to develop the lands under our own flag.
Teddy Roosevelt: “We have made the terms not merely hard, but often prohibitory, with the result that American capital goes into foreign…”
Editor's note · Context
Roosevelt critiques the prohibitive terms that prevent American investment in U.S. territories, leading to capital flowing to foreign countries instead.
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