Instead of the still
pending convention of February, 1905, with the United States, a new
fiscal treaty was agreed upon, and approved by the United States
Senate and the Dominican Congress, taking effect on August 1, 1907. In
similarity with the provisions of the modus vivendi, the customs
income of the Republic is collected by a General Receiver of Dominican
Customs, appointed by the President of the United States, and a
portion of the income is set aside by him for the service of the loan.
For years the various governments had been planning to revise the
constitution of 1896, Vasquez even calling a constitutional
convention; but the political kaleidoscope turned before such
intentions could be realized. Conditions becoming sufficiently stable,
a new constitution was promulgated on September 9, 1907. It was found
unsatisfactory and a constitutional convention met in Santiago and on
February 22, 1908, promulgated the present constitution, by which the
presidential term was lengthened to six years and the office of
vice-president abolished. An election was held and General Ramon
Caceres was chosen president, entering upon his new term on July
1, 1908.
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