The Journal of Negro History, Volume 8, 1923Various
History
The Journal of Negro History, Volume 8, 1923
Various
African Americans -- Periodicals
Caribbean problems take on another important aspect when we remember
the wonderful possibilities of economic development. Partly acting as
a cause of this trade development, partly one of its results, there
is going on a steady and rapid influx of foreign capital. The English
financing of the Argentine is familiar to students of Latin-American
history. In recent years, with the establishment of order in Mexico,
that country has attracted large amounts of foreign investments.
The departure of Spain from Cuba and Porto Rico was the signal for
a rush of investors to these islands to develop resources which
mistaken fiscal policies and local unrest had formerly kept unused.
Foreign capital exploits the sugar, tobacco, coffee, cocoa, fruit,
oil, and asphalt. These investments are scattered among all the great
commercial nations. They give an international character even to
purely internal improvements. Economic interests now tend to overflow
national boundaries and to make the orderly development of every
state truly a matter of general concern. Under the Monroe Doctrine we
practically say to European nations they shall not for any cause lay
their hands heavily upon a country in this hemisphere, which, with the
added responsibility as trustee for the world in the possession of the
Isthmian Canal, makes it dependent upon the United States, it is said,
to keep order.
HAITI'S COMMERCIAL POSITION
This policy of aggression has only one explanation. Next to Cuba,
Haiti is the island of the greatest strategical influence in the
Caribbean Sea and the Gulf of Mexico. The two important routes to
the mouth of the canal from North America are, first the route by
the Windward Passage between the island of Cuba and the island of
Haiti; second, the route by the Mona Passage between the island of
Haiti and the island of Porto Rico. This latter passage will be that
chiefly used by the sailing vessels to and from the canal to the
eastern portion of North America. The other important passage to the
mouth of the canal is the Annegada Passage by the islands of St.
Thomas and Porto Rico, and will be the route used from the isthmus
to the Mediterranean and Central Europe. The travel to the British
Islands and northern Europe will also use the Mona Passage between
Haiti and Porto Rico. In other words, every ship sailing from Canada,
New York, Philadelphia, Baltimore, Newport News, Charleston or the
eastern coast of North America on its journey to the Latin American
world of commerce will be compelled to pass by the island of Haiti,
either through the Windward or the Mona Passage, and the travel to the
greater part of Europe will use the Mona Passage by the east coast of
Haiti. This world-wide commerce in case of stress and storm, according
to the business world, must utilize this island in the necessities of
sea life. It is the first convenient harboring place on its way to
the Canal, and on its return it is the last stopping place. It will
Public-domain text, read in full here on John Shaqi.
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