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The Dominican Republic in the American Press: United States newspaper coverage of the island, gathered and translated for readers in both languagesLa República Dominicana en la prensa estadounidense: la cobertura de la isla en los periódicos de Estados Unidos, reunida y traducida para lectores en ambos idiomas
May 15, 187515 de mayo de 1875 · Clarksville, Tenn. · Grant Annexation Debates & Bondholder PoliticsDebates de Anexión de Grant y Política de Bonistas

Clarksville weekly chronicle

SourceFuente: Clarksville weekly chronicle · Clarksville, Tenn. · May 15, 187515 de mayo de 1875
https://www.loc.gov/resource/sn88061082/1875-05-15/ed-1/?sp=2

In contextEn contexto

Grant Annexation Debates & Bondholder PoliticsDebates de Anexión de Grant y Política de Bonistas · 1865–1905

President Ulysses S. Grant championed a treaty to annex Santo Domingo (1869–1870), sparking a historic Senate battle led by Charles Sumner. Later coverage tracked President Ulises Heureaux (Lilís) and crushing European bond debt.El presidente Ulysses S. Grant promovió un tratado para anexar Santo Domingo (1869–1870), provocando una histórica batalla en el Senado con Charles Sumner. Informes posteriores siguieron al presidente Ulises Heureaux (Lilís) y la deuda externa.

← Earlier articleArtículo anterior: Springfield weekly Republican · May 14, 187514 de mayo de 1875Later articleArtículo siguiente: New Orleans Republican · May 23, 187523 de mayo de 1875 →

More on OtherMás sobre Otros

SummaryResumen

According to the *Clarksville Weekly Chronicle*, a British House of Commons committee investigated the negotiation of foreign loans in England, hearing testimony from Mr. Edward Hertzberg Hartmont regarding a Dominican loan nominally valued at $3,788,500. Hartmont testified that he received only $1,800,415 in cash—of which the San Domingo government received merely $230,000—with the remainder spent on arms in Berlin and disbursed in Washington, where Hartmont was sent to work for annexation. The newspaper questions whether the unaccounted-for funds were paid to General Grant's military favorites, such as Babcock, who became suddenly prosperous and invested in real estate, and suggests that the next Congress should investigate the matter.

Según el *Clarksville Weekly Chronicle*, un comité de la Cámara de los Comunes británica investigó la negociación de empréstitos extranjeros en Inglaterra y tomó declaración al Sr. Edward Hertzberg Hartmont acerca de un préstamo dominicano con un valor nominal de 3.788.500 dólares. Hartmont declaró haber recibido únicamente 1.800.415 dólares en efectivo —de los cuales el gobierno de Santo Domingo recibió tan solo 230.000 dólares—, destinándose el resto a la compra de armas en Berlín y a desembolsos en Washington, a donde Hartmont fue enviado para gestionar la anexión. El diario cuestiona si los fondos no rendidos fueron pagados a los militares predilectos del general Grant, tales como Babcock, quien se enriqueció repentinamente e invirtió en bienes raíces, y sugiere que el próximo Congreso debería investigar el asunto.

Where this standsEn qué punto está

The full text of this article is still being prepared. Until it is ready, this page carries a summary, the passage found on the page, and the link to the original, which is always one click away.El texto completo de este artículo aún se está preparando. Hasta que esté listo, esta página lleva un resumen, el pasaje encontrado en la página y el enlace al original, que siempre está a un clic.

From the original pageDe la página original

The passage where this article was found, copied from the newspaper page itself, reading errors and all. This is exactly what the summary above is based on.El pasaje donde se encontró este artículo, copiado de la propia página del periódico, con sus errores de lectura y todo. Esto es exactamente aquello en lo que se basa el resumen de arriba.

House of Commons has unpointed

committee to ascertain and report the

methods by which foreign loaus are

negotiated in England. One of the

wituesses on the 15th of April last

was Mr. E lwarJ Ilertzbcrg Hartmout,

who negotiated in a Dominican

loan tor the nominal amount ot $J,

783.500. He confessed that he re

ceived iu cash only $1,800,415. Of this

the Government of San Domingo re

ceived only $230,000, and the remain

der was expended in England and the

United fetates.

liartmont was sent to Washington

to work for annexation, where he tes

tines a large amount of the money

was expended. W ho got Uf lor his

loan of $3,788,500, ilaruiont received

in cash tl,8i0.44j. 1 he difference be

tween $1,8C0,445 and $250,000 is rather

startling. "A part ot it. Mr. liart

mont swears, was sent to "Berlin for

arm.;" but tho rest was disbursed in

Washington.

It was a great sum. To whom was

it paid? About that time several of

Gen. Grant's military favorites became

suddenly prosperous, and invested

their money in the real estate pool

which throve so fabulously under the

two bosses, Shepard and Grant. One

ot these was Babcoek. Is it possible

that liartmont could have paid to him

any part of this vast sum as yet unac

counted for? If uot, to whom? The

next Congress might profitably follow

the example of the House of Commons

and inquire.

How to cite this articleCómo citar este artículo

Clarksville weekly chronicle. (1875). Clarksville, Tenn., 1875-05-15. US/DR Newspaper Timeline. Library of Congress, Chronicling America: https://www.loc.gov/resource/sn88061082/1875-05-15/ed-1/?sp=2

ReferencesReferencias

Library of Congress, Chronicling America: Clarksville weekly chronicle, 1875-05-15.

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