fullscreen: Selling Latin America

184 SELLING LATIN AMERICA 
United States $6,500,000 
France 800,000 
United Kingdom .. 630,000 
Germany 530,000 
Others 240,000 
Her requirements are for flour, rice, food 
stuffs, candles, oil, cotton goods, shoes, hats, 
and tools. 
The country is retrograding and there is no 
inducement to capital to revive its exhausted 
financial condition. 
The monetary system is in a hopeless tangle, 
and is on an inconvertible paper basis, a 
gourde the unit of value, fluctuating from 20 
to 24 cents, U. S. Gold. There has been some 
talk of placing its finances on a gold basis, 
but this is visionary. There is one bank— 
Banque Nationale de la Republique d’Haiti, 
financed by American money, but it has been 
closed by the government. No one can au 
thoritatively state with certainty as to the out 
come in consequence of this condition of af 
fairs. Credits should be closely watched. 
Owing to the heavy national debt and the in
	        
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