Search results
Results From The WOW.Com Content Network
The Baron de Mackau of France presenting demands to Jean-Pierre Boyer, President of Haiti, in 1825. The Haitian independence debt involves an 1825 agreement between Haiti and France that included France demanding an indemnity of 150 million francs in five annual payments of 30 million to be paid by Haiti in claims over property including Haitian slaves that was lost through the Haitian ...
In 2004, the Haitian government demanded that France repay Haiti for the millions of dollars paid between 1825 and 1947 as compensation for the property loss of French slaveholders and landowners as a result of the slaves' freedom. [23] In 2015, the French government rejected this demand as well as any reparations in general. [24] [25]
In 1825, French King Charles X demanded Haiti reimburse and compensate France for the loss of money and trade from Haiti's independence. France threatened to invade Haiti and sent 12 war ships to the island nation. [10] On 17 April 1825 an agreement was made between the two nations.
The white-supremacist ideology that justified slavery could not accept a stable, prosperous Haiti founded by self-emancipated slaves, human-rights lawyers write. France demanded crippling payments.
It stated that France would recognize Haiti as an independent country in return for 150 million francs paid within five years. While this sum was later reduced to 90 million francs (in 1838), it was a crushing economic blow to Haiti. Boyer had to negotiate a loan from France of 30 million francs to pay the first part of the indemnity.
France should repay billions of dollars in reparations to Haiti to cover a debt formerly enslaved people were forced to pay in return for recognising the island's independence, a coalition of ...
To pay for this, he had to float loans in France, putting Haiti into a state of debt. Boyer attempted to enforce production through the Code Rural , enacted in 1826, but peasant freeholders, mostly former revolutionary soldiers, had no intention of returning to the forced labor they fought to escape.
For some, Haiti's presence in France is a political point. A former French colony, Haiti became the first to successfully gain independence through a slave revolt, in 1804.