Monday, Apr. 30, 1934

Something to Show

A little egg-shaped Negro with a small, sharp, smiling face went the rounds of Manhattan bankers. For two weeks Haiti's President Stenio Vincent tried to get a refunding loan of $11,000,000 so that he could pay off Haiti's present U. S. bondholders and rid his little republic of the U. S.'s watchdog, Sidney De La Rue. Financial Adviser-General Receiver of Haitian Customs. But the bankers wanted De La Rue on the spot to protect the refunding loan too. President Vincent had gotten exactly nowhere last week when he left Manhattan for Washington.

Suddenly he found everything right again. At the Washington station to greet him stood a proud company: Secretary of State Hull, the Assistant Secretaries of State and a dozen other high officials. Next day he was received by President Roosevelt. In the course of conferences lasting all afternoon he got from the President nearly all he asked:

1) Watchdog De La Rue will pass over his duties to Haiti's National Bank and quit Haiti.

2) When the last U. S. Marine sails away from Port-au-Prince next November, there will be left behind, Congress permitting, much Marine equipment as a gift to the native Garde d'Haiti.

3) A trade treaty will help Haiti to export more goods to the U. S., notably rum.

When the two Presidents posed for photographers both smiled readily. President Roosevelt had smoothed off one of the last rough spots in Latin-American relations. President Vincent had something to show the boys back home.

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