The Mena weekly star
https://www.loc.gov/resource/sn89051213/1907-05-09/ed-1/?sp=5
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 The Customs ReceivershipMás sobre La receptoría de aduanas
- New-York tribune · May 4, 19074 de mayo de 1907
- Abilene weekly reflector · May 9, 19079 de mayo de 1907
- Springfield weekly Republican · May 9, 19079 de mayo de 1907
SummaryResumen
The Mena Weekly Star reported that the Dominican treaty originated during a 1904 revolution when President Morales agreed with U.S. Navy Captain Dillingham to allow American administration of custom houses to satisfy foreign debts. Secretary Root later recast the resulting treaty, facilitated by Finance Minister Federico Velasquez securing a 50 percent cash settlement agreement with creditors. A New York banking firm financed the settlement through $20,000,000 in 50-year five percent bonds, while the treaty authorized the U.S. President to appoint a customs receiver.
The Mena Weekly Star informó que el tratado dominicano tuvo su origen durante una revolución en 1904, cuando el presidente Morales acordó con el capitán de la Armada de los EE. UU. Dillingham permitir la administración estadounidense de las aduanas para saldar deudas exteriores. El secretario Root reformuló más adelante el tratado resultante, facilitado por el acuerdo de liquidación al contado con un descuento del 50 por ciento logrado por el ministro de Hacienda Federico Velásquez con los acreedores. Una firma bancaria neoyorquina financió el arreglo mediante 20.000.000 de dólares en bonos a 50 años al cinco por ciento, en tanto que el tratado facultó al presidente estadounidense para nombrar un receptor de aduanas.
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.
houses and the collections of the re
public’s revenues.
The treaty really had its birth in
a revolution. While the American
government was pressing for a settle
ment of the claims of its citizens
agaillHl Ottilia UUUIJHRU iu L/ovcmiTCi,
1904. President Morales being beset by
revolutionists, in the hope of securing
the moral support of the United
States, entered into an agreement
with Captain Drtllingham of the
American navy under the terms of
which the Dominican custom houses
were to be occupied by the Americans
and the foreign indebtedness of the
country discharged from the receipts
The substance of the modus vivendl
in the shape ot a treaty pending before
the United States Senate when Secre
tary Roof f ssumed office Recogniz
ing the force of the objections that de
veloped to its ratification, he set
about recasting the document and
February 19 last the treaty which has
just been ratified was submitted to
the Senate. The way bad been paved
by an agreement bet wen Federico Vel
asquez, the Dominican minister of fi
nance. and the creditors of the little
republic whereby the latter agreed to
a fifty per cent reduction in their
claims if these were settled in cash
A New York banking house undertook
to advance the money for this pur
pose for the $20,000,006 five per cent
50-year bonds which will now be
promptly issued, with the result that
<tn pf the creditor* of Bantu Duutltifo
will be embodied In the single Npw
Yoik firm.
The now treaty provides for the
appointment by the president of the
t'nlted States of a receiver of ctm
How to cite this articleCómo citar este artículo
The Mena weekly star. (1907). Mena, Ark., 1907-05-09. US/DR Newspaper Timeline. Library of Congress, Chronicling America: https://www.loc.gov/resource/sn89051213/1907-05-09/ed-1/?sp=5
ReferencesReferencias
Library of Congress, Chronicling America: The Mena weekly star, 1907-05-09.
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