"In the wars of the European powers in matters relating to themselves we have never taken any part, not does it comport with our policy so to do. It is only when our rights are invaded or seriously menaced that we resent injuries or make preparation for our defence"

This quote by James Monroe is referring to the policy of the United States to remain neutral in the wars of the European powers. Monroe is stressing that the United States will not interfere in the wars of other countries unless their rights are breached or threatened. He is making it clear that the United States will not take part in any wars that do not straight affect them, but will do something about it if their rights are threatened. This policy of neutrality has been a foundation of US foreign policy considering that the time of Monroe and is still in impact today. The United States will not intervene in the wars of other nations unless their own interests are at stake. This quote is a tip of the significance of maintaining a policy of neutrality and non-interference in the affairs of other nations.