Semi-weekly herald
https://www.loc.gov/resource/sn91052314/1908-12-17/ed-1/?sp=4
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
- The times dispatch · August 4, 19084 de agosto de 1908
- New-York tribune · August 10, 190810 de agosto de 1908
- New-York tribune · November 29, 190829 de noviembre de 1908
SummaryResumen
The Semi-Weekly Herald reviewed the outcome of the 1905 Dominican customs arrangement instituted by President Roosevelt to avert foreign military intervention over unpaid debts. Despite initial domestic controversy and Senate delays over Roosevelt's executive authority, the system transferred 45 percent of collections to the Dominican government and 55 percent to debt liquidation. The paper noted that the policy achieved a total transformation in the country, stabilizing public finances and virtually eliminating civil insurrections.
The Semi-Weekly Herald analizó los resultados del arreglo aduanero dominicano de 1905 instituido por el presidente Roosevelt para eludir una intervención militar extranjera por deudas impagas. Pese a la controversia nacional inicial y las demoras en el Senado en torno a las atribuciones ejecutivas de Roosevelt, el sistema transfirió el 45 por ciento de la recaudación al gobierno dominicano y el 55 por ciento a la liquidación de la deuda. El periódico destacó que esta política logró una transformación total en el país, estabilizando las finanzas públicas y eliminando prácticamente las insurrecciones civiles.
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.
outlook was apparently hopeless. San
Dowmingo was deeply in debt, and as
it had for some time previous ceased
to meet obligatious, its foreign cred
itors were clamoring for a settlement
and were threatening to collect their
claims by force. Realizing that some
thing would have to be done to avert
the dangerous complications which
were manifestly impending, Mr. Roos
evelt instituted negotiations which re
sulted in the execution in February,
1905, of an agreement whereby offi
cials appointed by the United States
government were to collect the cus
toms' receipts and after paying 45 per
cent of the same to the Dominican
authorities were to apply the remain
ing 556 per cent to the liquidation of
the outstanding indebtedness,
It will not have been forgotten how
bitterly the president was criticised
for his action in the premises. He
was charged with having exceeded the
bounds of his constitutional powers
and for months the ratification of the
Dominican treaty was delayed by the
obstructive tactics of the hostile mi-
nority in the senate. All this while,
however, the arrangement which had
been effected was being faithfully ap
plied and was working a beneficial
transformation in the condition which
had previously prevailed. The trans
formation is now complete and the
consequent improvement in the poli
‘tics and finances of the country has
been immense. The insurrections and
revolutions which were formerly its
chief curse have practically ceased.
This is illustrated by the signilicant
statement that whereas a few years
How to cite this articleCómo citar este artículo
Semi-weekly herald. (1908). Durango, Colo., 1908-12-17. US/DR Newspaper Timeline. Library of Congress, Chronicling America: https://www.loc.gov/resource/sn91052314/1908-12-17/ed-1/?sp=4
ReferencesReferencias
Library of Congress, Chronicling America: Semi-weekly herald, 1908-12-17.
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