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HISTORY THAT EVEN THE FRENCH REFUSE TO BELIEVE
From here: How a French bank captured Haiti (more than two centuries ago)
Excerpt;
The country is one of the worst of any south of the United States. And yet, as history will tell you, it was literally raped by French banks when it became independent with illicit-debt ...
From here: How a French bank captured Haiti (more than two centuries ago)
Excerpt;
It helped finance the Eiffel Tower as it drained millions from Haiti. The bank, C.I.C., won’t talk about it, but The Times tracked how much its investors made — and what Haiti lost.
Every sentence of the invitation ended with an inky flourish, a triple loop of calligraphy befitting a night of dinner, dancing and fireworks at Haiti’s national palace.
Debt had smothered the country for more than half a century. Despite ousting its colonial rulers in a war of independence, Haiti had been forced to pay the equivalent of hundreds of millions of dollars to its former French slave masters, a ransom for the freedom it had already won in battle.
But on the night of Sept. 25, 1880, paying off the last of that money finally seemed within reach. No longer would Haiti lurch from one financial crisis to the next, always with a weather eye on the horizon for the return of French warships. The new president, Lysius Salomon, had managed a feat that had eluded the nation since birth.
“The country will soon have a bank,” he told his guests, proposing a toast. Outside, soldiers paraded down streets festooned with enormous flags.
The country is one of the worst of any south of the United States. And yet, as history will tell you, it was literally raped by French banks when it became independent with illicit-debt ...