this post was submitted on 28 Jul 2025
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Working Class Calendar
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By 1913 four NY banks (NCB, L.Thalmann, Speyer, Hallgarten) held a 40% interest in the stock of the Haitian National Bank. World War 1 was about to begin, and France and Germany still had businesses there.
In December, 2014, NYC banker Roger Leslie Farnham had US marines remove 24,000 ounces of Haiti's gold (worth $500,000 at the time), put it on the USS Machias and taken to the vaults of the National City Bank of New York (later Citibank) where he was a vice-president. The Haitians were pissed, but Farnham said he did it to protect American interests.
https://sfbayview.com/2010/01/how-the-u-s-impoverished-haiti/
https://www.nytimes.com/2022/05/20/world/haiti-wall-street-us-banks.html
US troops will occupy Haiti from July 1915 to 1934. By June, 1920 Farnham presents himself as president of the unbuilt National Railway of Haiti and 'chief spokesman for American business in Haiti'.