The New York herald., 1869-05-08
ST. DOMINGO.

Project ofa National Bank-Increased Valuo ef
Laud-American Colony at Monte Cristi-The
ST. DOMINGO, April TO- 1899.
Banks and roads are now the business OF the day
with the Dominican government. The long visit and
liberal propositions OF the Anglo-German banker
Hartmont has counterchecked the New York specu-
lators in more ways than one. Gentlemen who can
draw at sight St. Thomas and bring large letters
Of credit in their pockets command quicker hearing
The Spanish mail steamer took letters for St Thomas
define the situation here on the subject Of banks.
roads and mines A national bank is TO be lmme-
New York safety fund banking system. but with
enlarged powers. The state Issues Its bonds for
GOO IN nve-twenties, which the national BANK
Is 10 negotlate All other loans are subordnated 70
this for the mines and public lands are pledged for
the payment OF these bonds, principal and interest
public domain may be made IN these bonds or
their coupons at par and in nothing else except
II wrote you months past that the great object OF
the State survey Of the mineral districts was 70
q Gs wea n the
state geologist, and Hartmont's scheme for 3
road with 9ang " sSe sy
noon OF the same day the brig W. B. Forrest entered
this port from New York. bringing another set
across ss'pSe,' the island. M The English had besa
too smart for Yankee enterprise Dy ust three days
morning the ca saa
brought the bank question to focus. The Domlni.
can Congress IS In session and the whole round OF
financial possibilities was agitated IN secret
session all last week. The Honfeur brought Mr..
Jesurum, the government banker, from Curacao TO
hear the result. The steamer and Mr.. Jesurum had
no other business here, unless It were to make
friendly call on President Baez, and bus bankers
are not much the habit 81 Ss na1es say
that is all. On Sunday morning the PRESIDENT tne
Cabinet, the military heads and the european IAN
Honneur. Mr.. Currer, the Dominican C0nsul
General at New York, and the Empresario OF the
state Mining Survey were ase present and the whole
affair was an oficial rejoicing OF unmistakable
heartiness. and means that everybody Is wonderluy
wsoet sae has Seen Sacs work ali
around. The President, Minister OF the Interior and
the Finance Committee OF Congress had probably a ny
In pIIvaie consultation with Mr.. Jesurum up to q
late hour saturday night and It seems to have ended
all right, for the banker departed at nine yesterday
leaving Baez and his Cabinet in high spirits and per-
fectly decided as to the national bank and mines
The last year has been favorable as whole,
| and there Is an increased movement IN planting
coree ana sugar Land has also increased IN value.
patton 1861 could not find buyers at one dollar an
acre, now being sought at two dollars an acre.
| miles from the principal towns and closer BY the
| change has been more rapid and decided. 4
the 2lst for Monte Crist the bay Of Manzanillo,
to form kind Of trading colony at that point.
Nothing new or stirring from the 1rontierss NO
signs OF troubles anywhere this side OF the Caco
lines.
The tobacco crop In the provinces promised won
derful results; the yield was one Of great magni'
tude.
ON the 18th instant her Britannia Majesty's ship
Jason arrived here from Jamaica, en- route for Ber-
muda. Commander Murray Ayersley was well re-
ceived by President Baez and after the customary
salutes had been exchanged she proceeded.
When the two Peruvian monitors Atahualpa and
| Nance Capac arrived Oh the bay OF Samana they
| were slow in hosting their colors. The fort hrst
fred several blank cartridge shots then with wooden
ball and finally with solid ball before the monitors
| complied with the usual formaties, and then en-
| tered the bay where they remained only Two DAY q
| and afterwards proceeded to ST. Thomas