Section 1: Identification and Evaluation of Main Source
The U.S. has had major impacts on different countries around the world including China, Iraq, and Afghanistan. In 1899, the United States created a policy called The Open Door Policy, which allowed the U.S., and other foreign countries, to freely trade with the country of China. This policy was composed of two sets of notes and was created by President McKinley’s Secretary of State, John Hay. With the help of an American diplomat named William Rockhill, John Hay was able to create a policy that allowed “for the protection of equal privileges among nations trading with China and in support of Chinese territorial and administrative integrity” (Open Door Policy {1899/1900}). Hay would later …show more content…
It is a speech addressed by Barbara Hackman Franklin, who is a former U.S. Secretary of Commerce. It was created on October 4, 1993 about how the Open Door Policy of 1899 has affected the economy, government, and society. The value in the origin of this speech, is that it was addressed by a former U.S. Secretary. This is important because it means that most of the information given is true and from someone who might have had experience dealing with foreign relations. This source was also created during the time when China was really benefiting from trade with the U.S., and greatly boosting their economy from what it was prior to the Open Door Policy. Some limitations to this speech are the person giving the speech is a former Secretary of Commerce, so she may not exactly know what has been going on between the U.S. and China in recent years. This speech was created almost 100 years after the creation of the Open Door Policy but still includes information about China back in 1899. Another limitation is it doesn’t include the time that this speech was given, or the country where it was …show more content…
Even as the Open Door Policy began to take effect, through the years 1896-1900, “The Chinese government had to take out large foreign loans for the first time to pay indemnities” (China’s Economic Development from 1860 to the Present pg.16). Another revolution in China in 1911 also greatly damaged China’s economy and finances because they had to pay for treaties after the revolution. The economy did not start to recover until 1949 when the “Chinese communist government, using its full sovereignty, took complete control of China, including the economy” (China’s Economic Development from 1860 to the Present pg.23). During this time, China’s trade as well as economy began to sky rocket. They also were able to adopt a more modernized economy and begin to make a lot of money for themselves, and not have to pay it back through indemnities and war costs. The Open Door Policy sparked a big change for China’s
The U.S. has had major impacts on different countries around the world including China, Iraq, and Afghanistan. In 1899, the United States created a policy called The Open Door Policy, which allowed the U.S., and other foreign countries, to freely trade with the country of China. This policy was composed of two sets of notes and was created by President McKinley’s Secretary of State, John Hay. With the help of an American diplomat named William Rockhill, John Hay was able to create a policy that allowed “for the protection of equal privileges among nations trading with China and in support of Chinese territorial and administrative integrity” (Open Door Policy {1899/1900}). Hay would later …show more content…
It is a speech addressed by Barbara Hackman Franklin, who is a former U.S. Secretary of Commerce. It was created on October 4, 1993 about how the Open Door Policy of 1899 has affected the economy, government, and society. The value in the origin of this speech, is that it was addressed by a former U.S. Secretary. This is important because it means that most of the information given is true and from someone who might have had experience dealing with foreign relations. This source was also created during the time when China was really benefiting from trade with the U.S., and greatly boosting their economy from what it was prior to the Open Door Policy. Some limitations to this speech are the person giving the speech is a former Secretary of Commerce, so she may not exactly know what has been going on between the U.S. and China in recent years. This speech was created almost 100 years after the creation of the Open Door Policy but still includes information about China back in 1899. Another limitation is it doesn’t include the time that this speech was given, or the country where it was …show more content…
Even as the Open Door Policy began to take effect, through the years 1896-1900, “The Chinese government had to take out large foreign loans for the first time to pay indemnities” (China’s Economic Development from 1860 to the Present pg.16). Another revolution in China in 1911 also greatly damaged China’s economy and finances because they had to pay for treaties after the revolution. The economy did not start to recover until 1949 when the “Chinese communist government, using its full sovereignty, took complete control of China, including the economy” (China’s Economic Development from 1860 to the Present pg.23). During this time, China’s trade as well as economy began to sky rocket. They also were able to adopt a more modernized economy and begin to make a lot of money for themselves, and not have to pay it back through indemnities and war costs. The Open Door Policy sparked a big change for China’s