21. Bailey finds that Dollar Diplomacy was designed to make both people in foreign lands and the American investors prosper. 22. Nowhere has that lesson been applied with more vigor than in Singapore, where dollar diplomacy is no mere catch phrase. 23. Qin accused the Taipei government of resorting to " dollar diplomacy " to buy its way into the United Nations. 24. Each year, the foreign aid bill seeks to use dollar diplomacy to compel political change in allies and enemies alike. 25. The next president of United States William Howard Taft used " dollar diplomacy ", which then firmly established in international usage. 26. As if to head off accusations of dollar diplomacy , Foreign Minister Jason Hu told reporters the offer was " not political ." 27. "We're upset, and strongly oppose communist China's use of dollar diplomacy , " said James Soong, head of the opposition People First Party. 28. Under Taft the focus of foreign policy was the encouragement and protection of U . S . investments abroad called Dollar diplomacy . 29. Taiwan said it expected to help Papua New Guinea out of its economic troubles, but denied the deal was " dollar diplomacy ." 30. China accuses Taiwan of pursuing " dollar diplomacy , " but Beijing also uses trade and aid to lure nations to its diplomatic fold.