New-York tribune
https://www.loc.gov/resource/sn83030214/1907-11-26/ed-1/?sp=3
In contextEn contexto
Theodore Roosevelt formulated the Roosevelt Corollary specifically for the Dominican debt crisis, placing customs houses under American receivership to ward off European gunboats.Theodore Roosevelt formuló el Corolario Roosevelt para la crisis de la deuda dominicana, colocando las aduanas bajo control estadounidense.
More on Debt & FinanceMás sobre Deuda y finanzas
- Abilene weekly reflector · May 9, 19079 de mayo de 1907
- New-York tribune · January 12, 190812 de enero de 1908
- New-York tribune · January 21, 190821 de enero de 1908
SummaryResumen
A Washington report describes a new plan to settle the Dominican Republic's debt after the original bond sale to a New York firm fell through because of the money market. Foreign creditors recognized in the original project would receive an immediate pro rata cash payment from the $3,500,000 accumulated in the National City Bank from 55 per cent of the republic's customs revenues over two years, with the bond sale postponed or bonds issued directly by the Dominican government for the remainder, in a settlement to be discussed with Senor Velasquez at the State Department.
Un informe de Washington describe un nuevo plan para saldar la deuda de la República Dominicana después de que la venta original de bonos a una firma de Nueva York fracasara por la situación del mercado monetario. Los acreedores extranjeros reconocidos en el proyecto original recibirían un pago inmediato en efectivo, a prorrata, del fondo de $3,500,000 acumulado en el National City Bank procedente del 55 por ciento de las rentas aduaneras de la república durante dos años, y la venta de bonos se pospondría o los bonos serían emitidos directamente por el gobierno dominicano por el resto, en un acuerdo que se discutiría con el señor Velásquez en el Departamento de Estado.
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.
public who were recognized in the original project
and are willing to agree to accept the other feat
ures of the new scheme will receive an immediate
cash payment of part of the money owing to them
by a division on a pro rata basis of the fund of
$3,500,000 which has accumulated in the National
City Bank of New York as the result of the segrega
tion of 55 per cent of the republic's customs reve
nues for the last two years. In consideration of
this payment the gale of the bonds of the republic
to some syndicate which will advance the cash to
gettle the remainder of the debt will be postponed
until a more opportune time.
A variation of this plan, which also will be con
sidered by a conference to-morrow at the State
Department between the officials and Befior Velas
quez, the Dominican Secretary of Commerce and
Finance, looks to the distribution of the accumu
lated cash as In the first case, but provides for the
tmmediate issue to the creditors of bonds for the
remainder of the Lbligation, which will be issued
directly by the Dominican government. In either
case it is contemplated that the Morton Trust
Company and Speyer Co., who have acted as the
fiscal agents for the Dominican government, will
continue in that capacity and ald in carrying out
tha terms of the new agreement.
etnirinE IN A WASHINGTON PARK.
Washington, Nov. 25.—Charles M. Schmidle, of
Clintondale, N. Y., ghot himself in the head in
Lafayotte Park early to-day, and died a few hours
later at the Emergency Hospital. He was about
sixty years old, and came to Washington last Fri
How to cite this articleCómo citar este artículo
New-York tribune. (1907). New York [N.Y.], 1907-11-26. US/DR Newspaper Timeline. Library of Congress, Chronicling America: https://www.loc.gov/resource/sn83030214/1907-11-26/ed-1/?sp=3
ReferencesReferencias
Library of Congress, Chronicling America: New-York tribune, 1907-11-26.
Send an observationEnviar una observación
Does this article connect with your family, your town, or something you know? Did we get something wrong? Write to us. Observations go to the editor's inbox and are read by a person.¿Este artículo conecta con su familia, su pueblo o algo que usted conoce? ¿Nos equivocamos en algo? Escríbanos. Las observaciones llegan al buzón del editor y las lee una persona.
Send observationEnviar observación