12 August 1912 · Haitian
HASCO is incorporated and American sugar returns to the plain
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The Haitian American Sugar Company was formed on 12 August 1912. Its business was cane on the plain behind Port-au-Prince, the same soil that had made Saint-Domingue the richest colony in the Atlantic world, and its capital came from New York. HASCO was the visible edge of an American commercial advance that also included the railway concession, the reorganised national bank and a standing demand for control of Haitian customs. The Marines landed in July 1915. France had taken sugar out of this ground by owning the people who cut the cane. The American method ran through a company charter, a debt the Haitian state could not service, a customs receivership and finally troops, with the cutting paid in wages small enough to serve the same purpose. HASCO ran for decades, laid its own rail lines into the cane and drew labour off land it had absorbed. Every element of the arrangement changed except the commodity.