1943 · Haitianyear only
SHADA holds a fifth of all cultivated land in Haiti
›Read the full entryClose
Elie Lescot held the presidency from 1941 to 1945 with the backing of the bourgeoisie and a reputation for admiring whites. American companies received enormous land concessions under him for sisal and rubber, both essential to the American war economy. The Haitian American Society for Agricultural Development, formed with support from the Export-Import Bank, was given the monopoly of rubber cultivation and its export for fifty years. By 1943 the company held 133,400 hectares for construction timber and rubber alone, which was 21.55 per cent of all cultivated land in the country. Food production for the population fell away at once. Large merchants ran a black market in necessities toward the neighbouring islands, including Jamaica, while inside Haiti a shortage of tyres and petrol paralysed local trade. Lescot handed out large individual monopolies to his own circle, which cost him the support of the bourgeoisie as a whole, and a democratic front removed him.