Sunday, August 15, 2010

France urged to return the billions it extorted from Haiti...

A group of international academics and authors has written to Nicolas Sarkozy calling on France to reimburse the crushing "independence debt" it imposed on Haiti nearly 200 years ago.

The open letter to the French president says the debt, now worth more than €17bn (£14bn), would cover the rebuilding of the country after a devastating earthquake that killed more than 250,000 people seven months ago.

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The letter, published in the French newspaper Libération today says the debt was "patently illegitimate ... and illegal".

The debt dates back to when Haiti, then St Dominique, was France's most profitable colony thanks to slavery. In 1791 the slaves revolted, and in 1804, after defeating Napoleon's forces, they founded the world's first independent black republic.

But after independence, French slave owners demanded compensation. In 1825 the French monarch Charles X demanded Haiti pay an "independence debt" of 150m gold francs – 10 times the fledgling nation's annual revenue. The original sum was reduced but Haiti still paid 90m gold francs – about €17bn today – to France. It was still paying off this debt in 1947. Full story...

Don't miss:

  1. The betrayal of Haiti...
  2. Haiti’s elite eyes profits as millions face disease and hunger...
  3. Haiti is going through hell...
  4. Restaveks, the slave children of Haiti...
  5. Haiti, the "nighmare republic" where children eat mud...

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