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Haiti Historical Archive & Cultural Memory

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Available inKreyòl · Français · EnglishEvery claim traces to evidence

Editorial illustration — not a historical document

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U.S.–Haiti financial history

Every claim traces to evidence

On 17 December 1914, gold was removed from the vaults of the Banque Nationale de la République d'Haïti at Port-au-Prince and carried to New York aboard the U.S.S. Machias. Contemporary U.S. and Haitian government records gave different figures for the same shipment. In 1915, a U.S.–Haiti convention established a General Receiver for Haitian customs revenues.

Claims

Financial record

Every figure travels with the source it came from and the place inside that source where it appears.

  1. 17 December 1914

    U.S. account of gold shipped on the U.S.S. Machias

    The United States Department of State's stated figure for the 17 December 1914 shipment.

    Amount
    500,000 United States dollars (gold)
    From
    Banque Nationale de la République d'Haïti, Port-au-Prince
    To
    New York
    Source

    The Secretary of State to the Minister of Haiti, December 31, 1914, File No. 838.516/27, Foreign Relations of the United States, 1914, Document 583. ↗

    Located at: Document 583, File No. 838.516/27

    Another source gives a different figure

    The same transaction, not a further payment. Two accounts of one movement of money are never added together.

    • 519,800 United States dollars (gold)

      Minister Bailly-Blanchard to the Secretary of State, December 30, 1914, File No. 838.516/55, enclosing the Haitian Department of Foreign Relations note verbale, Foreign Relations of the United States, 1914, Document 581. ↗

      Located at: Document 581, File No. 838.516/55
    Gold was shipped from the Banque Nationale to New York on 17 December 1914 →
  2. —

    Gold recorded as deposited for currency retirement purposes

    The Haitian Foreign Relations enclosure records $907,800.20 as the deposited amount described by the bank accountant.

    Amount
    907,800.2 United States dollars (gold)
    Source

    Minister Bailly-Blanchard to the Secretary of State, December 30, 1914, File No. 838.516/55, enclosing the Haitian Department of Foreign Relations note verbale, Foreign Relations of the United States, 1914, Document 581. ↗

    Located at: Document 581, File No. 838.516/55
    The gold had been deposited under the 1910 loan arrangement for currency retirement →

Totals

Totalled separately per currency. No combined figure is produced, because that would require exchange rates nobody here has cited.

Money flow

Built from the recorded endpoints. Amounts are only added together when they share both endpoints and the same currency.

  • Banque Nationale de la République d'Haïti, Port-au-Prince500,000 United States dollars (gold)New York

Not placed on the graph: 1

1 competing figure(s) are shown beneath the transaction they contest and are left out of this graph.

Calculation models

Several readings of the same sum may coexist. None of them is an official amount — there is no such designation.

No calculation model published yet.

Methodology

MigraTeck researched and wrote this dossier from multiple cited government records. Competing contemporary figures are displayed side by side rather than added together. Documentary facts, official characterizations and later editorial analysis remain separately attributed.

Scope

This dossier covers the December 1914 gold shipment and the customs provisions of the convention signed on 16 September 1915. It remains separate from the France/1825 dossier.

What this dossier does not establish

Stated so the edges of the work are visible. Absence here means not-yet-evidenced, not zero.

This dossier does not establish what happened to the gold after arrival in New York, the institution that ultimately held it, or the final disposition of those funds. It does not infer unsourced customs receipts, debt totals, repayment totals or modern present-value figures.

Statements and responses

  • The Secretary of State characterized the removal as a protective measure

    a protective measure merely, in behalf of American interests which were gravely menaced
    governmentWilliam Jennings Bryan, Secretary of StateUnited States Department of State31 December 1914

    The Secretary of State to the Minister of Haiti, December 31, 1914, File No. 838.516/27, Foreign Relations of the United States, 1914, Document 583. ↗

Methodology and integrity

Every claim traces to evidence

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