Cool USA Facts!
In 1896, the US fought the Spanish-American War largely over economic interests in the Caribbean, primarily Cuba. Historian Eric Foner writes: "Even before the Spanish flag was down in Cuba, U.S. business interests set out to make their influence felt. Merchants, real estate agents, stock speculators, reckless adventurers, and promoters of all kinds of get-rich schemes flocked to Cuba by the thousands. Seven syndicates battled each other for control of the franchises for the Havana Street Railway, which were finally won by Percival Farquhar, representing the Wall Street interests of New York. Thus, simultaneously with the military occupation began . . . commercial occupation." 1