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Schoenrich, Otto

"A Country with a Future"

Not a little mischief was caused
by the unfortunate habit of going armed.
The attractions of the fair sex give rise not only to crimes of
jealous passion, but also to other missteps, such as seduction and
similar offenses. The average of these is not greater, however, than
in other southern countries.


CHAPTER XXI
THE DOMINICAN DEBT AND THE FISCAL TREATY WITH THE UNITED STATES

Financial situation in 1905.--Causes of debt.--Amount of debt.--Bonded
debt.--Liquidated debt.--Floating debt.--Declared claims.--Undeclared
claims.--Surrender of Puerto Plata custom-house.--Fiscal convention of
1905.--Modus vivendi.--Negotiations for adjustment of debt.--New bond
issue.--Fiscal treaty of 1907.--Adjustment with creditors.--1912
loan.--Present financial situation.

Rarely have the fiscal affairs of a country experienced so rapid and
radical a change for the better as those of Santo Domingo since 1904,
and rarely has a financial measure so quickly proved its efficacy as
the fiscal convention between the United States and Santo Domingo.


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