Evening star
https://www.loc.gov/resource/sn83045462/1934-08-17/ed-1/?sp=4
In contextEn contexto
Rafael Trujillo ruled for 31 years. US papers reported the 1930 hurricane that leveled Ciudad Trujillo, the 1937 Haitian massacre, sugar commerce, WWII U-boat sinkings, Tito Mella's Compañía Naviera Dominicana shipping fleet, and Trujillo's Washington lobbying.Rafael Trujillo gobernó durante 31 años. La prensa informó sobre el huracán de 1930, la masacre de 1937, el azúcar, hundimientos de submarinos en la Segunda Guerra Mundial y la flota de la Compañía Naviera Dominicana de Tito Mella.
More on The Customs ReceivershipMás sobre La receptoría de aduanas
- Atlanta daily world · August 8, 19348 de agosto de 1934
- The Savannah tribune · August 9, 19349 de agosto de 1934
- Evening star · August 20, 193420 de agosto de 1934
SummaryResumen
The *Evening Star* reported that the Dominican government and the Foreign Bondholders Protective Council agreed to extend the maturity dates of two $10,000,000 bond issues to ease debt repayment. Under the plan, 5.5 percent bonds maturing in 1942 were extended twenty years, while 1940 bonds were extended to 1970, reestablishing the 1924 financial accord. Acting Secretary of State Phillips praised the Dominican Republic's determination to meet its debt obligations despite worldwide economic distress.
El *Evening Star* informó que el gobierno dominicano y el Foreign Bondholders Protective Council acordaron extender las fechas de vencimiento de dos emisiones de bonos de 10.000.000 de dólares para facilitar el pago de la deuda. Conforme al plan, los bonos al 5,5 por ciento con vencimiento en 1942 se prorrogaron veinte años, mientras que los de 1940 se extendieron hasta 1970, restableciendo el acuerdo financiero de 1924. El secretario de Estado interino Phillips elogió la determinación de la República Dominicana de cumplir con sus obligaciones de deuda a pesar de la crisis económica mundial.
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.
America the Dominion Legislature
passed a bill terminating the 1924
agreement. This has now been Xully
re-established.
Bends Extended.
The Foreign Bondholders* Protec
tive Council, headed by Reuben Clark,
jr., former Undersecretary of State,
made a thorough investigation of the
economic and financial situation of
the Dominican republic and came to
the conclusion that if the rate of
amortization were extended beyond
the time agreed upon when the two
issues of $10,000,000 were floated, the
Dominican republic could meet its
interest and amortization obligations.
Of this total amount $4,000,000 al
ready had been repaid.
The American representatives of
the Protective Council, together with
Dominican officials, worked out a
scheme whereby the bonds originally
due to mature In 1942 are extended
another 20 years. The second Issue
due to mature in 1940 was extended
until 1970. The bonds wll continue
to bear 5% per cent.
Bondholder* Gratified.
The bondholders are reported grati
fied by this arrangement because it
is believed that with this extended
payment the Dominican government
will be able to meet its obligations
in full.
Due to the depression, the Domi
nican government paid in 1932 and
1933 only part of the amortization
and no interest. No provisions were
made for the payment of any part of
the amortization in 1934 for the rea
son that negotiations between the
Dominican government and the Pro
tective Council were pending.
Acting Secretary of State Phillips
said the efforts of the small republic
to meet its obligations "has set an
How to cite this articleCómo citar este artículo
Evening star. (1934). Washington, D.C., 1934-08-17. US/DR Newspaper Timeline. Library of Congress, Chronicling America: https://www.loc.gov/resource/sn83045462/1934-08-17/ed-1/?sp=4
ReferencesReferencias
Library of Congress, Chronicling America: Evening star, 1934-08-17.
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