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Schoenrich, Otto

"A Country with a Future"


The Bancalari debt was guaranteed by part of the customs revenues of
Samana. Notwithstanding the protocols, no payments were made by the
Dominican government.
_Floating Debt_. The floating debt, consisting of admitted
indebtedness, neither funded nor liquidated, but evidenced by some
kind of public obligation, was found to be as follows:

Registered deferred debt................... $587,710.24
Registered floating debt.................... 140,850.27
Privileged revolutionary debt................ 79,812.12
Certificates of comptroller's office........ 633,124.60
Certificates of treasury offices............. 31,771.07
Open unsecured accounts...................... 80,239.49
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Total.................................... $1,553.507.79

By the year 1902, a large number of small claims--many of them for
supplies furnished and services rendered--had accumulated, the justice
of which the government admitted but of which owing to the
deficiencies in its books it had no record. Notices were accordingly
published calling on holders of such lawful credits to present the
same for registration.


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