The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-06-29
HAYrIANS roUR or Wall STREET.
To-Day They'll Talk to Trust Companies
About the Loan Hnyti wants.

ABOUT INC LOun ltHJNl "hhiss
The Haytlan statesmen who are here to see
II they can secure from New York iinanciers
a loan OF $4,000, 900. with which to retire the
paper currency OF lIayti. visited places OF in
terest in Wall street yesterday. Tho party
included Nicolas stephen Lafontnnt. Hav-
tian Minister OF Finance; Gen. Salmon La
Mothe. former Minister OF FinaL &c. and Prof.
Edward Roumnip OF the Medical and Pharmn-
ceutica College OF Port au.Prince. The Hay
tians. under the pilotage OF Col. Emile NJ.
Blum. called unon Maurice l.. Muheman.
Deputy Assistant Treasurer OF the nited States.
and were taken through the Sub. Treasury
and then to the Assay Office. where Mr..
Muheman introduced them 70 Andrew Mason.
the veteran Superintendent Prof. Roumain.
who has spent much time in experimental
analyses OF the ores and minerals OF Iayu,
showed to Mr.. Mason specimens OF silver and
coppcr which he had found in Hayti and
promised to send to Mr.. Mason for his exami-
nation specimens of gold. porphyry and nickel.
While at the sub. Treasury the party was Ss
New York Stock Exchange. and Mr. Mcclure
took the llaytians ever to the Exchange. where
they looked Town: on. the. operators from tho
fusion OF tongues Mr. laiontant. who does
not speak English. made some remark TO Gen,
His Excellence the Minister asks why II is
turbance. lie desires to know II there has
been an accident or il there is about to he
light"
The party took luncheon with Col. Blum.
They will call to-day upon the Presidents of
two or three trust companies to SOUND them
on the loan. Mr.. Iaiontant is In Ill health He
will sail for Paris on saturday
Mr. 'Muhleman said yesterday that in 1897
Haytian statesmen became convinced that the
currency should be put on II sounder basis and
were thinking OF consulting French iinanciers
ON the subject. iecre they had done any
.hinX the Spanish. American war came on
and the reiult OF it led President Sam
and his councillors to believs that they
would better consult with American ilnan-
ciers before they went TO Paris. Ac-
cordingy Gen. La Mothe was sent up here
latter then worked out a scheme for reforming
the currency. reduced IL to writing and for
warded It to Gen. Sam. The essential fea-
| lures OF this scheme were printed in yester-
! days Sun. The outstanding paper currency
| Of Hayti amounts to little less than Si.OuO..
| 100 MI Muhleman expressed the opinion that
while good cart OF the import duties Of the
| ready hypothecated. the proposed increase OF
these duties would provide ample security for
the loan asked for. rs well as for an annual
| payment of 10 per cent. OF the principal OF the
| loan and the interest.
| Mr. Muhleman added that the real object Of
/ the Haytians In seeking this loan 81 S0UOO,OOO
| in the United States is that they want internal
| improvements in the island. and they want
| American. capitalists. whom they eXpect to
| transform Cut a and Porto Rico. to work sim
| liar wonders In llayti. They think that II they
| secure this loan here IL vii result In bringing
| q large amount OF American capital to the
| Black Republic.