The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1858-04-03

coas resources that already the storm has subsidized
we commercial horizon is beginning to clear itself
u WIN soon become serene again, and everything
van, a. we firmly hope speedily resume its ordinary
And yet American provisions, ON account Of
their scarcity, show a tendency towards a rise,
Now this is very clever II means this if it means
anything, Send US consignments, to us who alone
are not seaeq nke but who stand erect on
How many houses will have TO fail in consequence
OF this deporable state of affairs am unable to say
besides it is difficult for firms to fail in Hayti; they
may be hundred times bankrupt"
thousand pardons, sir; surprise you here in a
barefaced falsehood and contradiction. You know
well the number of houses that have failed; have
you not signalized them to your correspondents a
lew lines lower down. They are not Haytien houses
You know perfectly the number it seems to me. II
very difficult for firms to fail in Hayti You say.
This Is very true and proves something in favor Of
the good faith, and the integrity of the Haytens in
commercial transactions 1t proves strongly MA
vOr of the good ofthose who trade here Very
one will understand that deprived of those
powerful establishments of public credit which rem
der to commerce such precious services in England
France and the United States it is impossible to ex
act from merchants in Hayt that strctness and that
regularity which is to be remarked in the ahirs Of
other countries.
Favored by every kind of institution, discount
banks establishments for loans On goods is it posi-
BILE for French, English or American traders with
out being really bankrupt, to be prevented from
paying to time or at fixed dates. Certainly they
must in such case be clearly insovent. But here,
every is aware there are no such institutions,
and every is left to his own unaided resources.
With million Of assets in merchandise, in good
debts it is impossible at certain periods to obtain
the smallest money accommodation to meet one 8
engagements. Would it not be- therefore, absurd to
provoke the failure of him who possesses perhaps,
assets double and even treble the amount Of his ia
bilities? Yes it would be absurd in the extreme,
and no one can view it otherwise. 1t is for this
son. Mr.. Yankee, that these simple suspensions Of
payment are accepted by every one; it is for this
reason that the rigorous prescriptions OF our COM
mercial code relative to failures and bankruptcies
rarely find an application among us. You will,
therefore, agree with me- Mr. Yankee, that you pass
q high eulogium upon US in saying, that failures
are rare in Hayti; it is as much as saying
that those rascalities those frauds that are else
where employed to arrive at profitable bankrupt
cies, are entirely unknown to us. Thanks for this
tribute which has escaped you, in spite of yourself
"The business done by New York and Boston
will have to undergo serious notifications. / have
often been astonished to see that young men, with
out cent Of capital, could go to the United States
and obtain credit" &c, &C.
All here we see peeping out the ears of the ass;
here steps in the Yankee and his internal combina-
ton. American commerce must hencefOrth undergo
serious notifications; and to arrive at them,
sir, you simply propose to your compatriots of New
York and Boston to close all credit against our
small Hayten traders, already without capital, and
now completely ruined by the Rembaud bank
ruptcy-that is to say, you tell them clearly "only
offer you desirable guarantees, capital morality and
capacity" Here at least is pure Christian charity;
and is this the manner Mr.. Yankee, in which you
profess the sublime doctrines Of that Bible
yaa sa mug ' Sss as aaa the n Tsa
present which heaven has made to humanity? Is
lhis the manner in which you practice that divine
text of the Evangelist, with which you are no doubt
same sentiments, full of compassion one towards the
other, aiding each other fraternaly be gentle and
merciful. II you love your life, if you desire that
your days may be happy, keep your tongue from
But, Mr.. Yankee, with your hand on your heart,
can you tell us that you are conscious of having pre-
sented to your compatriots of the Union a very
true and o very accurate description Of Hayten
fQnperce? Do you seriously believe that all the
Hayden SAerchans are ruined and wiped out, as you
say2 That they are utterly incapable OF henceforth
fulfilling their engagements? Can you be Ignorant
that there still remains to all those who have had
the misfortune to be duped by the miserable heim-
baud assets sufficiently considerable IN merchandise
book debts and real estate, to be easily converted
into magnificent dollars? Can you be ignorant that
those small Haytien traders, TO use your own ex-
precision, have only been able to obtain amongst
your countrymen credit by the aid OF good recon-
and exact had convinced them Of their morality OF
their aptitude in business, and above ALL of the pc
cunary guarantees that they offered either OF them
selves or through their relatyess No, Mr.. Yankee,
you are not ignorant OF all this You know well
that confidence and credit do not accord very easily
in your country where the dollar is the unity Of the
measure of all capacities and of all degrees of merit
the golden key which opens the most aristocratic
saloons TO the greatest rogues provided their skin be
white. No, you know well all this; but IL was ne
cessary for the success of your fine projects for the
modification of American commerce to multiply all
these cnlumnes And you have the audacity to call
Rtimbaud scoundrel and wretch; and you, sir,
what epithei do you apply TO yourself How 90 you
qualify YOURSELF You, an adventurer, cast on our
shores by the desire Of accommodating wealth; received
cordially and generously by interesting population
In despite OF all your prejudces against their race;
you who have been able under favor OF the benevo-
lent protection of their laws TO realise an honest
livelihood, which was refused to you at home; you,
who in return for so much kindness, far from giving
20 the misfortunes of your hosts word of consola
ton, have exploited them In a manner soiniamons.
II, according TO your opinion, the miserable REIN
baud In a scoundIcl for having plundcred 70 many
families and NO many honest traders Of portion Of
their fortune will you not agree with me that you
are much viler, much more infamous rogue; you
who continue your work of destruction not, IL Ii
true in plundering our capital but in what amounts
70 the same, in endeavoring to confscate for your
own benefit the credit which We enjoy abroad
IL In very evident, Mr.. Yankee, that It Ia your de-
You therefore far surpass Reimbaud in wickedness;
You are monster; you place rs under the necessity
In spite Of our repugnance, Of examining your small
individuality. Who are youl You who assume to
yourself the character OF counsellor, a
Capitalist and finished merchant, and who 20 pitt
lessly blackcn other peope1 Where Is your captsll
How much of II have you embarked in your house
Of businessl II our memory be not unfaithful We
remember that you and the majority of persons like
you landed our shores without cravat or shoes TO
your feet, with breeches in holes, Bible in one
hand and a note book in the other. You pere dss-
tined, 4 before, 10 be a Quaker minister; you be.
came a merchant through the Friendship Of one Of
your o,rn counfrymen. Your house has probably
realised some profits by n'sdns Of large amount Of
consignnenfs Of rotten prorisions pnrchased IN TIE
public auction Of The United States, the osiy
capitol that you had. You are, no doubt, at
present in the enjoyment Of comfortable ea-e.
Your metamorpboscs Is therefore complete. You
have no longer a pale and cadaverous face. Good
living horse exercise and the pure and fresh air Of
the villa that you reside in have produced little
flesh on your shrunken cheeks and have given them
q touch Of color. To the small paletot of coarse
linen has succeeded ceat OF fine merino
your brogans have been replaced by neat vanished
Shoes In fact 1t would be difficult again to recog-