Whom (or what) did the Monroe Doctrine address as being "dangerous to our peace"?

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Originally posted by mahal:
Whom (or what) did the Monroe Doctrine address as being "dangerous to our peace"?

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Delivering his speech to Congress, President Monroe was announcing European imperialism and influence was "dangerous to our peace and safety." The term "our" used in this sense, referred to the both American continents. At this time many of the South American republics had revolted and were declaring their independence.
The following link provides a brief background and is the source for this explanation.