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The Providence News
Providence, Providence County, Rhode Island
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US Secretary Wilson highlights the Open Door Policy's role in securing permanent American trade access across China, preventing exclusion by other powers and ensuring markets for cotton, dairy, and farm products; notes Pacific exports rose to $270M annually.
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THE OPEN DOOR IN CHINA.
Washington, Jan. 5 - Secretary Wilson in an interview today emphasized the great commercial significance of the open door concert of the powers respecting China. He said that but for this action the United States would have been shut out from trade advantages in any province of which other nations might see fit to take possession. He said "Anything produced in the United States will now permanently find its way into all parts of the celestial empire. Our trade relations there in the future are secured. Not of the least importance is the fact that permanency of the cotton market in China is secured. The trade in cotton goods has been very heavy in Manchuria and the southern provinces. Our interests generally, in dairy, poultry and other products from the farms of the United States now have assurance of permanency in all the provinces throughout the Chinese empire, where such things are in demand. Some idea of the increase of trade may be gained from the fact that fifteen years ago our exports from the Pacific coast to all countries aggregated $40,000,000 and five years ago $120,000,000. The steady increase in Pacific coast trade has raised the aggregate to $270,000,000 a year.
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Foreign News Details
Primary Location
China
Event Date
Jan. 5
Key Persons
Outcome
secured permanent us trade relations and market access in all chinese provinces, including cotton, dairy, poultry, and other farm products; pacific coast exports increased from $40,000,000 fifteen years ago to $120,000,000 five years ago, now $270,000,000 annually.
Event Details
In an interview, Secretary Wilson emphasized the commercial significance of the open door policy in China, stating it prevents exclusion from trade in provinces taken by other powers and ensures permanent access for US products throughout the Chinese empire, particularly noting heavy cotton goods trade in Manchuria and southern provinces.