John Hay was Secretary of State under Presidents William McKinley and Theodore Roosevelt. Hay's trading rights in China was an open door policy that would allow all nations in the trade agreement access to China's markets.
John Hay was Secretary of State under Presidents William McKinley and Theodore Roosevelt. Hay's trading rights in China was an open door policy that would allow all nations in the trade agreement access to China's markets.
The "Open Door Policy"
The Open Door Policy was when the US basically protected its trading rights with China during the imperial time period.
open door
the open door policy
Open Door Policy
The importance of the Open Door Policy was for the Chinese to maintain independence and American trading rights in China.
The USA had equal trading rights in the Orient (China).
the nations should be open for trade and commerce. have equal trading rights in China
All countries should have equal trading rights in China.
In 1899 U.S. Secretary of State John Hay proposed an "Open Door" policy in China in which all nations would have equal trading and development rights throughout all of China.
The open door policy's purpose was to end monopoly's of China's trade by having all nations share their trading rights with the United States.