Item: i109070

Authentic Medal of:

United States of America
President Monroe: The Monroe Doctrine (150 Years)
1973 Proof Copper Token Medal 38mm (24.27 grams)
Reference: SCI 73-21 (Franklin Mint)
PRESIDENT MONROE DECLARES “HANDS OFF POLICY”, Monroe facing 1/2 right.
THE MONROE DOCTRINE 1823-1973
Edge Lettering:
73 P

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The Monroe Doctrine was a United States foreign policy position that opposed European colonialism in the Western Hemisphere. It held that any intervention in the political affairs of the Americas by foreign powers was a potentially hostile act against the U.S. The doctrine was central to U.S. foreign policy for much of the 19th and early 20th centuries.

President James Monroe first articulated the doctrine on December 2, 1823, during his seventh annual State of the Union Address to Congress (though it would not be named after him until 1850). At the time, nearly all Spanish colonies in the Americas had either achieved or were close to independence. Monroe asserted that the New World and the Old World were to remain distinctly separate spheres of influence, and thus further efforts by European powers to control or influence sovereign states in the region would be viewed as a threat to U.S. security. In turn, the U.S. would recognize and not interfere with existing European colonies nor meddle in the internal affairs of European countries.

By the end of the 19th century, Monroe’s declaration was seen as a defining moment in the foreign policy of the United States and one of its longest-standing tenets. The intent and effect of the doctrine persisted for over a century, with only small variations, and would be invoked by many U.S. statesmen and several U.S. presidents, including Ulysses S. Grant, Theodore Roosevelt, John F. Kennedy, and Ronald Reagan.

After 1898, the Monroe Doctrine was reinterpreted by Latin American lawyers and intellectuals as promoting multilateralism and non-intervention. In 1933, under President Franklin D. Roosevelt, the U.S. affirmed this new interpretation, namely through co-founding the Organization of American States. Into the 21st century, the doctrine continues to be variably denounced, reinstated, or reinterpreted.

The United States of America (USA), commonly known as the United States (U.S. or US) or America, is a country composed of 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles (9.8 million km²), the United States is the world’s third or fourth largest country by total area and is slightly smaller than the entire continent of Europe’s 3.9 million square miles (10.1 million km²). With a population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the largest city by population is New York City. Forty-eight states and the capital’s federal district are contiguous in North America between Canada and Mexico. The State of Alaska is in the northwest corner of North America, bordered by Canada to the east and across the Bering Strait from Russia to the west. The State of Hawaii is an archipelago in the mid-Pacific Ocean. The U.S. territories are scattered about the Pacific Ocean and the Caribbean Sea, stretching across nine official time zones. The extremely diverse geography, climate, and wildlife of the United States make it one of the world’s 17 megadiverse countries.

Paleo-Indians migrated from Siberia to the North American mainland at least 12,000 years ago. European colonization began in the 16th century. The United States emerged from the thirteen British colonies established along the East Coast. Numerous disputes between Great Britain and the colonies following the French and Indian War led to the American Revolution, which began in 1775, and the subsequent Declaration of Independence in 1776. The war ended in 1783 with the United States becoming the first country to gain independence from a European power. The current constitution was adopted in 1788, with the first ten amendments, collectively named the Bill of Rights, being ratified in 1791 to guarantee many fundamental civil liberties. The United States embarked on a vigorous expansion across North America throughout the 19th century, acquiring new territories, displacing Native American tribes, and gradually admitting new states until it spanned the continent by 1848.

During the second half of the 19th century, the Civil War led to the abolition of slavery. By the end of the century, the United States had extended into the Pacific Ocean, and its economy, driven in large part by the Industrial Revolution, began to soar. The Spanish-American War and World War I confirmed the country’s status as a global military power. The United States emerged from World War II as a global superpower, the first country to develop nuclear weapons, the only country to use them in warfare, and a permanent member of the United Nations Security Council. The Rights Acts of 1964, 1965 and 1968 outlaws discrimination based on race or color. During the Cold War, the United States and the Soviet Union competed in the Space Race, culminating with the 1969 U.S. Moon landing. The end of the Cold War and the collapse of the Soviet Union in 1991 left the United States as the world’s sole superpower.

The United States is the world’s oldest surviving federation. It is a federal republic and a representative democracy. The United States is a founding member of the United Nations, World Bank, International Monetary Fund, Organization of American States (OAS), and other international organizations. The United States is a highly developed country, with the world’s largest economy by nominal GDP and second-largest economy by PPP, accounting for approximately a quarter of global GDP. The U.S. economy is largely post-industrial, characterized by the dominance of services and knowledge-based activities, although the manufacturing sector remains the second-largest in the world. The United States is the world’s largest importer and the second largest exporter of goods, by value. Although its population is only 4.3% of the world total, the U.S. holds 31% of the total wealth in the world, the largest share of global wealth concentrated in a single country.

Despite wide income and wealth disparities, the United States continues to rank very high in measures of socioeconomic performance, including average wage, human development, per capita GDP, and worker productivity. The United States is the foremost military power in the world, making up a third of global military spending, and is a leading political, cultural, and scientific force internationally.