...
EgyptSearch Forums Post New Topic  Post A Reply
my profile | directory login | register | search | faq | forum home

  next oldest topic   next newest topic
» EgyptSearch Forums » Deshret » In 1825 Haiti had to pay $21 billions to France for reparation of financial lost

 - UBBFriend: Email this page to someone!    
Author Topic: In 1825 Haiti had to pay $21 billions to France for reparation of financial lost
mena7
Member
Member # 20555

Member Rated:
4
Icon 1 posted      Profile for mena7   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
https://www.forbes.com/sites/realspin/2017/12/06/in-1825-haiti-gained-independence-from-france-for-21-billion-its-time-for-france-to-pay-it-back/#210c9b09312b


Mena: Haiti defeating France on the battlefield in the end of the 18 cent CE gave Haiti independence from France but started a new international war against Haiti. Haiti won the battle against a colonial power after its independence but did not win the war.

European colonial and imperialist powers during the colonial era and today during the industrial and information age control world trade, world banking system and the most powerful navy in the world. France in alliance with other colonial powers like Great Britain, Spain, Holland, and the newly independent USA decided to put an economic embargo on Haiti that could have destroyed the island nation economy. Haiti didnt have any choice then to pay $21 billions reparation to France and the plantation owners who lost their lands and property in Haiti in order to Haiti to have access to world trade.

The Haitian revolution was the first successful African slave revolution in the world because of that the European colonial powers had to isolate Haiti.

European imperialist powers who control the world economy also used economic embargo against Fidel Castro Cuba, Robert Mugabe zimbabwe and Mouammar Kaddafi Libya.

In 1825, Haiti Gained Independence From France For $21 Billion -- It's Time For France To Pay It Back

 -
We can spend 30 years and we'll never bounce back,' said Duvanel Francois, 42,


The devastation wreaked on Haiti by Hurricane Matthew last fall was just the latest in a seemingly endless string of misfortunes that have befallen that country, which in March concluded a year-long interlude of caretaker governance by installing banana exporter Jovenel Moïse as its 58th president. Moïse faces a daunting task; Haiti’s chronic status as the Western hemisphere’s poorest nation is due to a litany of afflictions that range from widespread illiteracy, to endemic corruption, to woefully inadequate infrastructure. But while these would be hard enough for any country to overcome, for more than a century of its existence Haiti carried an additional but little-known millstone, the effects of which are still being felt.

In 1825, barely two decades after winning its independence against all odds, Haiti was forced to begin paying enormous “reparations” to the French slaveholders it had overthrown. Those payments would have been a staggering burden for any fledgling nation, but Haiti wasn’t just any fledgling nation; it was a republic formed and led by blacks who’d risen up against the institution of slavery. As such, Haiti’s independence was viewed as a threat by all slave-owning countries – the United States included – and its very existence rankled racist sensibilities globally. Thus Haiti – tiny, impoverished and all alone in a hostile world – had little choice but to accede to France’s reparation demands, which were delivered to Port-au-Prince by a fleet of heavily armed warships in 1825.

By complying with an ultimatum that amounted to extortion, Haiti gained immunity from French military invasion, relief from political and economic isolation – and a crippling debt that took 122 years to pay off. My father-in-law still recalls the patriotic song he was taught as a Haitian schoolboy, its poignant lyrics urging all Haitians to reach into their own pockets to help their government raise the amount that was still “owed” to France. Thanks to voluntary contributions from Haiti’s citizens, most of whom were desperately poor, that debt was finally settled in 1947. But decades of making regular payments had rendered the Haitian government chronically insolvent, helping to create a pervasive climate of instability from which the country still hasn’t recovered.


France’s demand for reparations from Haiti seems comically outrageous today – equivalent to a kidnapper suing his escaped hostage for the cost of fixing a window that had been broken during the escape. And though the present French government can’t be blamed for the gall of King Charles X (France’s ruler in 1825), a modicum of historical accountability sure would be nice. While France still ranks among the world’s wealthiest nations, Haiti – with a per-capita annual income of $350, a power grid that fails on a regular basis and a network of roads that’s more than 50-percent unpaved – is plagued by drought, food shortages and a struggling economy. For the “crime” of shaking off the yoke of involuntary servitude, Haiti dutifully paid France reparations over the course of nearly six generations – with interest. France should now do the right thing and return those payments, estimated to total $21 billion in today’s dollars. What would be a relative pittance in the French national budget is desperately needed by Haiti and could help it begin a broad-based recovery that would seem like manna from heaven to its long-suffering people.

--------------------
mena

Posts: 5374 | From: sepedat/sirius | Registered: Jul 2012  |  IP: Logged | Report this post to a Moderator
lamin
Member
Member # 5777

Rate Member
Icon 1 posted      Profile for lamin     Send New Private Message       Edit/Delete Post   Reply With Quote 
The Haitians should have refused. Why didn't they? They drove out the French so what were they afraid of? Unless the governing group that took over after the Revolution were really not in favor of the Revolution.

When the French were defeated in 1954 at Dien Bien Phu, Vietnam, did the French demand reparations? They didn't, because they knew what the answer would be.


Same for the Algerians who kicked out the French after a blood war for claiming Algeria was French.

Posts: 5492 | Registered: Nov 2004  |  IP: Logged | Report this post to a Moderator
jantavanta
Member
Member # 20328

Rate Member
Icon 1 posted      Profile for jantavanta     Send New Private Message       Edit/Delete Post   Reply With Quote 
I still do not understand the mechanisms of the economic isolation that made Haiti pay $21 Billion in reparations to France.

Maybe Vietnam and Algeria were too far from US-assisted enforcement of reparation-demands.

Posts: 384 | Registered: May 2012  |  IP: Logged | Report this post to a Moderator
mena7
Member
Member # 20555

Member Rated:
4
Icon 1 posted      Profile for mena7   Author's Homepage     Send New Private Message       Edit/Delete Post   Reply With Quote 
I dont think the French government is going to repay the $21 billion of reparation money to the Haitian people. The French government and people have a reputation of being very cheap.

I dont trust the Haitian government and politicians with $21 billion of reparation money. Politicians in the government and the assembly are probably going to steal the money, waste the money and giving it back to the Europeans by hiding the money in their banks. I think an international non profit organization should be in charge of the $21 billion and that organization should spend the money to improve the life of the Haitian people and help build the Haitian economy.

--------------------
mena

Posts: 5374 | From: sepedat/sirius | Registered: Jul 2012  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | EgyptSearch!

(c) 2015 EgyptSearch.com

Powered by UBB.classic™ 6.7.3