1820–1963 · Library of Congress · Chronicling America

US/DR Newspaper Timeline

The Dominican Republic in the American Press: a bilingual research edition of United States newspaper coverage, 1820-1963La República Dominicana en la prensa estadounidense: una edición de investigación bilingüe de la cobertura periodística, 1820-1963
Language / IdiomaLanguage / Idioma:
1921-12-30 · Wilmington, Del. · 1916-1924 US occupation

Evening journal

SourceFuente: Evening journal, Wilmington, Del., 1921-12-30
https://www.loc.gov/resource/sn85042354/1921-12-30/ed-1/?sp=5
customs_receivership_loansus_occupation_marinesdiplomacy_treaties

Passage summaryResumen del pasaje

The *Evening journal* reported on testimony by Horace G. Knowles before the McCormick Senate committee condemning the $2,500,000 loan arranged by the military administration without Dominican approval at high interest rates. Knowles accused Military Governor Admiral Samuel S. Robison of insulting him, barring communications with Senator McCormick, and threatening him with force. He added that the loan was handled by New York banks with federal guarantees while financial director Lieutenant Commander Arthur H. Mayo operated with unexamined accounts.

El *Evening journal* informó sobre el testimonio brindado por Horace G. Knowles ante la comisión senatorial de McCormick condenando el préstamo de 2 500 000 dólares concertado por la administración militar sin aprobación dominicana y a altas tasas de interés. Knowles acusó al gobernador militar, el almirante Samuel S. Robison, de insultarlo, prohibirle comunicarse con el senador McCormick y amenazarlo con el uso de la fuerza. Agregó que el préstamo fue gestionado por bancos de Nueva York con garantías federales, mientras que el director financiero, el capitán de corbeta Arthur H. Mayo, operaba con cuentas que no eran auditadas.

StatusEstado

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Located passage (Library of Congress OCR)Pasaje localizado (OCR de la Biblioteca del Congreso)

The passage located on the source page, in the Library's own OCR. The SHA-256 digest in Provenance is computed over exactly this text; recompute it to verify.El pasaje localizado en la página fuente, en el OCR propio de la Biblioteca. El resumen SHA-256 de Procedencia se calcula sobre exactamente este texto; recalcúlelo para verificar.

before the Senate immittce of in

vcstlgatlon headed by Senator Medlil

MeUormlrk, which recently reported

favorably on the military administra

U° n

In addition to the oft repeated]

charges against the marines, which

govern

blent In/ the name of the Dominican

was contracted for without*

their consent at rales of Interest

I (rom 9.25 to is.70 percent.,

ain! that the New York banking

hotytes which floated the, loan rc

reived a 1H per cent, discount on

them.

He declared, also, that Admiral

Samuel S. Robinson, the military

governor of Santo Domingo, had

refused to permit him to commun!-]

en te with Senator McCrmiCk when

tho latter was leaving the Island,

and publicity Insulted. The ad

mirai, he said, later ordered him to

appear before him and threatened,

to use force unless he came. Mr.

Knowles said he would prefer

charge* against Admiral Robinson

as soon as he reached Washington.

Mr. Knowles sold the financial

he rehearsed in detail, Mr. Knowles

declared that tho loan of I2.S00.000;

arranged by Iho millatry

people

affairs of the republic were In tho.

hands of Lieutenant Commander

Arthur H. Mayo, of tho Navy 8up

He asserted that on

ply Corps,

order had been recently issued that

the personal accounts of Comman

der Mayo should be passed with

out question,

he said, was

The I2.6UO.OOO loan,

placed In the hands

of the Equitable Trust Company

and Speyer A Co., of this city, and

had tho guarantee of the United

States government back of It

Mr. Knowles declared It was a

four-year loan, with drawings every

six months. The bonds in the

ProvenanceProcedencia

Record: cr34832-1
Located-passage SHA-256: cd28f9ccdb336d6f019cc43c7fc24082687b602c416319d79dcb763a32a1df4e (over the passage text above)
Source page OCR SHA-256: 7ca074ae1a9554e6b253f005f90d7dfb103c49aefe260e6cec5777090ff3f5ca

Cite this recordCite este registro

Evening journal. (1921). Wilmington, Del., 1921-12-30. US/DR Newspaper Timeline, record cr34832-1. Library of Congress, Chronicling America: https://www.loc.gov/resource/sn85042354/1921-12-30/ed-1/?sp=5

ReferencesReferencias

Library of Congress, Chronicling America: Evening journal, 1921-12-30.