11 July 1825 · Haitian
A senate of Boyer's own choosing ratifies the French indemnity2 sources
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Boyer had sent an envoy to Brussels in 1823 and, when the French pressed for a new meeting, two representatives with full powers reached Paris on 1 May 1824 hoping to trade recognition for a commercial treaty. The talks covered the size of the indemnity owed to French planters dispossessed in the revolution, how far Louis the Eighteenth was prepared to go in recognising the state, and the terms of the commercial treaty France meant to impose. Haitian hopes collapsed again and what finally arrived was an ordinance and a price. The treaty was ratified on this day by a senate dominated by the president's favoured allies. Baur notes that a more liberal settlement came only in 1838, when Louis Philippe recognised the republic as free, sovereign and independent, cut the indemnity to sixty million francs and spread the payments to 1868. Corroborated by 2 works in the library. Where this account departs from the standard one: Geggus attacks explanations of Haitian development that rest on the Jefferson embargo, the indemnity and the American occupation, noting the embargo lasted four years and the indemnity was cleared in 1883, and blaming instead factors Dubois neglects such as Brazilian coffee expansion driving down world prices, population growth, currency devaluation and soil erosion.