{{Short description|Former American legal opinion}}

The '''Olney interpretation''' (also known as the '''Olney corollary''' or '''Olney declaration''') was United States Secretary of State Richard Olney's interpretation of the Monroe Doctrine. During a border dispute between British Guiana and Venezuela, Olney claimed in 1895 that the Monroe Doctrine gave the United States authority to mediate border disputes in the Western Hemisphere. He extended the meaning of the Monroe Doctrine, which had previously stated merely that the Western Hemisphere was closed to additional European colonization: "Today the United States is practically sovereign on this continent and its fiat is law upon the subjects to which it confines its interposition...<ref name="Herring">{{cite book |last=Herring |first=George C. |title=From Colony to Superpower: U.S. Foreign Relations Since 1776 |page=[https://archive.org/details/fromcolonytosupe00herr/page/307 307] |year=2008 |location=New York |publisher=Oxford University Press |isbn=9780195078220 |url-access=registration |url=https://archive.org/details/fromcolonytosupe00herr/page/307 }}</ref>

The border dispute was settled by arbitration in 1897, and the Olney interpretation was defunct by 1933.

==References== {{reflist}}

==Sources== * George B. Young, "Intervention Under the Monroe Doctrine: The Olney Corollary," ''Political Science Quarterly,'' Vol. 57, No. 2 (Jun., 1942), pp.&nbsp;247–280 [https://www.jstor.org/stable/2143553 in JSTOR]

Category:Legal history of the United States Category:History of the foreign relations of the United States Category:Spanish–American War Category:Banana Wars Category:1895 in the United States Category:Guyana–Venezuela border Category:Foreign relations of the United States Category:Monroe Doctrine