The Lodge Corollary was a corollary to the Monroe Doctrine. It forbade any foreign power or foreign interest of any kind from acquiring sufficient territory in the Western Hemisphere as to put that government in "practical power of control".
Description
Proposed by Henry Cabot Lodge and ratified by the United States Senate in 1912, the Lodge Corollary to the Monroe Doctrine forbade any foreign power or foreign interest of any kind from acquiring sufficient territory in the Western Hemisphere as to put that government in "practical power of control". As Lodge argued, the corollary reaffirmed the basic right of nations to provide for their safety and extended the principles behind the Monroe Doctrine beyond colonialism to include corporate territorial acquisitions as well.