The interior debt, as a result of revolutionary confusion and
defective accounting, became as problematic as in days of yore and was
estimated at widely different figures. With a view to ascertaining the
exact amount and making provision therefor, the military government,
in July, 1917, constituted a commission consisting of three American
and two Dominican citizens, who were charged with the duty of
investigating and liquidating all claims against the government
arising since the settlement of 1907. The American members appointed
were J. H. Edwards, acting comptroller-general of Santo Domingo,
chairman, Lt.-Col. J. T. Bootes, of the United States Marine Corps,
and Martin Travieso, Jr., of the Porto Rican bar; the Dominicans were
two attorneys, M. de J. Troncoso de la Concha and Emilio Joubert.
Claimants were called upon to file their claims before January 1,
1918, or be deemed to have relinquished their rights. The nominal
amount of the claims so filed--comprising all outstanding internal
debts--is a little more than $14,000,000, some of the claims being for
indefinite sums. This figure is probably greatly exaggerated and will
doubtless be subjected to drastic revision by the claims commission.
The customs receivership has continued to render invaluable service.
In peace and war its officials have distinguished themselves by a
highly efficient, tactful and fearless discharge of their duties. Up
to 1913 appointments to the service were determined by the fitness and
experience of the appointee rather than by his political antecedents,
and the officials appointed possessed unusual qualifications: the
first general receiver, Col. George R. Colton, who held until 1907,
his successor W. E. Pulliam, who continued until 1913, their deputy J.
H. Edwards, and others, were experts trained in the Philippine
customs service.
CHAPTER XXII
FINANCES
Financial system.--National revenues.--Customs tariff.--National
budget.--Legal tender.--Municipal income.--Municipal budgets.
The financial system of Santo Domingo is characterized by an
inequitable mode of obtaining public revenue, whereby the burden of
supporting the state is thrown upon the poorest classes in the form of
indirect taxes upon articles of necessary consumption, and wherein
taxation of property or contribution according to economic capacity
plays little part. This is especially true with regard to
municipal taxation.
NATIONAL FINANCIAL SYSTEM
The revenues of the general government are derived chiefly from
customs duties and secondarily from miscellaneous minor sources. There
is no direct tax on land. Prior to 1904 the revenues fluctuated
according to the state of tranquillity of the country, being usually
something less than $2,000,000 per annum, but immediately upon the
establishment of the American receivership in April, 1905, they went
up rapidly. The increase has continued steadily and the government's
annual income now amounts to over $4,500,000.
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