Bitter antagonism against all foreigners in China broke into open warfare this year when a nationalist group, the Boxers, occupied Peking on June 20 and besieged members of the diplomatic corps, their families, and others in the British legation. The Boxers wanted to rid China of all foreigners. After a siege of nearly two months, troops from the U.S., Great Britain, France, Russia, Germany, and Japan reached Peking on August 14 and put down the Boxer Rebellion. Under pressure from the U.S., and other powers agreed not to partition China further. On September 7, 1901, China and eleven other nations signed the Boxer Protocol, by which China agreed to pay $333,000,000 in indemnity. The U.S. received $24,500,000, but in 1908 this amount was reduced and the money was used to educate Chinese students in the U.S.
Carruth, Gorton. "The Encyclopedia of American Facts and Dates". 10th Ed. New York: Harper Collins Publishers. ©1997.