New York dispatch

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.’modified by the trade winds, abundant rains, and

ilhe equality of days and nights. If the valleys bo

nomewhat insalubrious from humidity, the plains are

ijaxtremely healthy. Hurricanes and earthquakes are

Sometimes known, but the island is quite free from

dangerous animals and reptiles.

V Public Debt.—Nthva France recognized the inde

pendence of Hayti, in 1825, the payment of an in

demuity was stipulated, of 150,000 francs. At the

Same time, a loan was made by Francs to her former

polony, of 30,000,000 francs, at six per cent. The in

demnity obligation, however, became an onerous

burthen, and, after long disputes, a treaty of com

inerce and friendship was effected in 1838, by which

Ihe debt was reduced to 60,000,000 francs, without in

terest, to be paid in instalments between the years

2L8J38 and 1867. The thirty years included wore

divided into six fiscal periods of five years each, the

amount of liquidation in tho first to be 1,500,000 f.; in

the second, 1,600,000 f.; in the third, l,700,000f.; in

ihe [fourth, 1,800,OOOf.; in the fifth, 2,400,000 f.; and

an the sixth, 3,000, OOOf.j to be paid daring tho first

fcix months of each year, at Paris, in French cur

rency. The first instalment, of 1,500, OOOf. (for 1838)

ifras paid in, and the future interest of the 30,000,-

t)6Df. loan was reduced to three per cent. Five sub

sequent yearly payments were made, closing the

first financial term, and making one payment on the

second term; but the liquidation was‘then inter

rupted until 1848. After that year, payments were

bakde punctually until 1861, when the Haytien debt

How to cite this articleCómo citar este artículo

New York dispatch. (1870). New York [N.Y.], 1870-04-10. Haiti in the American Press. Library of Congress, Chronicling America: https://www.loc.gov/resource/sn85026214/1870-04-10/ed-1/?sp=5

ReferencesReferencias

Library of Congress, Chronicling America: New York dispatch, 1870-04-10.