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Following a brief Cabinet meeting, U.S. Secretary of State John Hay announced the success of negotiations with other nations to begin the Open Door Policy to promote trade with China
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Henry Ford introduced his first commercial motor vehicle, a two-seat electric-powered delivery wagon, under the name of the five-month old Detroit Automobile Company (D.A.C.), which would produce eleven other models of cars before going bankrupt in November, at the rate of two per day.