Show I Protest Made at Haden Bank Move I 4 zy t 4 y yA A NOTHER ANOTHER financial situation in r A Latin America a which Is seriously engaging the attention of the tho state stale department with a view to protecting American interests is the confused monetary condition of Haiti It Is proposed by Haiti to substitute for Cor the National bank a French corporation which controls the financial dealings of the country a similar banking concession to be bo granted to a group of German French and American bankers the German Interests Interests In In- interests predominating Some time Ume ago the United States protested against tho the proposed arrangement arrangement arrangement ar ar- ar- ar on the ground that American Ameri Amen can Interests were not nol properly pro pro- protected Since then the government government gov gov- has made some somo modifications in its original plan but the changes have not been sufficient in the opinion opinion opinIon ion of the state department to warrant the withdrawal of the American pro pro- test In connection with the national bank concession Haiti is trying to float a loan to fund its Interior debt The course which will wUl bo ho adopted in regard to to bonds In this rotation relation rela rota- tion Is of interest to the United States government because many American creditors of Haiti have been paid in bonds of that government So if such bonds are arc scaled down own the people who whore re received elved them on the basis of their former Carmer value In tho opinion of the state department will have bave grounds for tor a claim In equity The p possibility of American bankers participating in the loan also causes the state d department to believe that it is tho moral duty of at this government govern ment went to scrutinize closely the tho transaction transaction transaction trans trans- action to see that th no contract Is Js entered entered entered enter enter- ed Into which cannot be backed up by bythe bythe bythe the United States in case at some somo future time Haiti fails taUs to fulfil her ob ob- r |