At one time, William McKinley declared that “exhibitions are the guardians of progress,” inspiring America that the flow of work will be presented gracefully. Reaching the years of massive expansion, America had grown enormously in terms of goods and services. In the late 1890s, President McKinley urged Americans to make America the most powerful nation in the world. In preparing for a strong nation, the Spanish-American War had limited their gains due to tensions between Spain and the United States. The Americans won their victories and advanced the Treaty of Paris which controlled several foreign countries. After the war, the United States focused on protecting its nation. America's progression to new settlements will bring wonderful benefits and relations with foreign countries. The rise of imperialism in the late 1890s prompted the United States to take over the Philippines, potentially leading America to make improvements and transform a well-structured country by establishing commercial trade, by regulating territories for resources and expanding foreign markets. Striving for expansion, America believed that Overseas trade will recover extremely from the Panic of 1983 which saw the worst economic depression disastrous in corporate and banking corruptions. The United States was involved in Hawaii's sugar industry, which was now part of American territory. The Hawaiian sugar industry was indeed ramping up on its plantations and sugar was being sent to America tax-free (La Croix). Tax-free, the United States can preserve the economy of a society that has improved significantly. To their advantage, the Reciprocity Treaty of 1875 provided access to the Hawaiian sugar industry amid the search for paper resources and amplified foreign markets. Today, the United States has great powers and has proven itself to be one of the greatest countries of all. Works Cited Bhattacharyya, Madhurjya. Dollar diplomacy. Fashionable items. Internet. April 13, 2010. Israel, Jerry. Progressivism and the Open Door: America and China, 1905-1921. Pittsburgh, PA: University of Pittsburgh Press, 1971. La Croix, Sumner J. and James Roumasset. “The Evolution of Property Rights in Nineteenth-Century Hawaii.” Journal of Economic History 50 (1990): 829-852. Merchant, Roland. The Philippines debate. University of Davis, 2001. Moreno, Steven. American imperialism at the turn of the century. Oakland High School Books. California: Oakland. 2009.