United States -- Economic conditions -- 1918-1945; United States -- History
A similar situation exists in Hayti. The treaty of May 3, 1916, provides
that "The Government of the United States will, by its good officers,
aid the Haitian Government in the proper and efficient development of
its agricultural, mineral and commercial resources and in the
establishment of the finances of Hayti on a firm and solid basis."
(Article I) "The President of Hayti shall appoint upon nomination by the
President of the United States a general receiver and such aids and
employees as may be necessary to manage the customs. The President of
Hayti shall also appoint a nominee of the President of the United States
as 'financial adviser' who shall 'devise an adequate system of public
accounting, aid in increasing revenues' and take such other steps 'as
may be deemed necessary for the welfare and prosperity of Hayti.'"
(Article II.) Article III guarantees "aid and protection of both
countries to the General Receiver and the Financial Adviser." Under
Article X "The Haitian Government obligates itself ... to create without
delay an efficient constabulary, urban and rural, composed of native
Haitians. This constabulary shall be organized and officered by
Americans." The Haitian Government under Article XI, agrees not to
"surrender any of the territory of the Republic by sale, lease or
otherwise, or jurisdiction over such territory, to any foreign
government or power" nor to enter into any treaty or contract that "will
impair or tend to impair the independence of Hayti." Finally, to
complete the subjugation of the Republic, Article XIV provides that
"should the necessity occur, the United States will lend an efficient
aid for the preservation of Haitian independence and the maintenance of
a government adequate for the protection of life, property and
individual liberty."
A year later, on August 20, 1917, the _New York Globe_ carried the
following advertisement:--
FORTUNE IN SUGAR
"The price of labor in practically all the cane sugar growing
countries has gone steadily up for years, except in Hayti, where
costs are lowest in the world.
"_Hayti now is under U. S. Control._
"The Haitian-American corporation owns the best sugar lands in
Hayti, owns railroads, wharf, light and power-plants, and is
building sugar mills of the most modern design. There is assured
income in the public utilities and large profits in the sugar
business. We recommend the purchase of the stock of this
corporation. Proceedings are being taken to list this stock on the
New York Stock Exchange.
"Interesting story 'Sugar in Hayti' mailed on request.
"P. W. Chapman & Co., 53 William St., N. Y. C."
Public-domain text, read in full here on John Shaqi.
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