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Reading: The grim legacy of Haiti’s ‘double debt’
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Home » Blog » The grim legacy of Haiti’s ‘double debt’
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The grim legacy of Haiti’s ‘double debt’

Henry Blake
Henry Blake
1 year ago
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Baron Ange René Armand de Mackau brings to the Haitian President Jean-Pierre Boyer an ordinance of the French king Charles X, demanding the payment of 150 million gold francs in exchange for recognizing the Indpence of Haiti, 1825. A lithapharrles.
Baron Ange René Armand de Mackau brings to the Haitian President Jean-Pierre Boyer an ordinance of the French king Charles X, demanding the payment of 150 million gold francs in exchange for recognizing the Indpence of Haiti, 1825. A lithapharrles. Jean-Charles Devellly/BNF

If I were seen as a French victory, it would certainly be the most shameful of all. On July 11, 1825, in Puerto Príncipe, after three days of negotiations carried out under the threat of a fleet of wars in exchange for exchange. Compensation payment of 150 million gold francs, to compensate for the French dispossessed.

This debt, which was reduced to 90 million gold francs, led the Haitian State to continue paying interest in loan tasks to pay compensation until the 1950s (the “double debt”), and for a long time has affected the public finances of the small country. For this reason, since the early 2000s, the duration of the time of Haitian President Jean-Bertrand Aristide in office, demands that France pay repairs to his former colony has resurfaced regularly in political discourse, both in Haiti and abroad. Two hundred years after the independence of the nations, President Emmanuel Macron announced, on Thursday, April 17, the creation of a Joint Historical Commission of French-Jahano to “examine our past” and evaluate relations, but did not address repair demands.

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