When France extorted Haiti – the greatest heist in history
by Marlene Daut, The Conversation, June 30, 2020
https://theconversation.com/when-france-extorted-haiti-the-greatest-heist-in-history-137949
 . . .
I’m a specialist on colonialism and slavery, and what France did to the
Haitian people after the Haitian Revolution is a particularly notorious
examples of colonial theft. France instituted slavery on the island in the
17th century, but, in the late 18th century, the enslaved population
rebelled and eventually declared independence. Yet, somehow, in the 19th
century, the thinking went that the former enslavers of the Haitian people
needed to be compensated, rather than the other way around.
 . . .
With the threat of violence looming, on July 11, 1825, Boyer signed the
fatal document, which stated, “The present inhabitants of the French part
of St. Domingue shall pay … in five equal installments … the sum of
150,000,000 francs, destined to indemnify the former colonists.”

*French prosperity built on Haitian poverty*

Newspaper articles from the period reveal that the French king knew the
Haitian government was hardly capable of making these payments, as the
total was more than 10 times Haiti’s annual budget. The rest of the world
seemed to agree that the amount was absurd. One British journalist noted
that the “enormous price” constituted a “sum which few states in Europe
could bear to sacrifice.”
 . . .
Contemporary assessments, furthermore, reveal that with the interest from
all the loans, which were not completely paid off until 1947, Haitians
ended up paying more than twice the value of the colonists’ claims.
Recognizing the gravity of this scandal, French economist Thomas Piketty
acknowledged that France should repay at least US$28 billion to Haiti in
restitution.
 . . .
To deny that the consequences of slavery were also material is to deny
French history itself. France belatedly abolished slavery in 1848 in its
remaining colonies of Martinique, Guadeloupe, Réunion and French Guyana,
which are still territories of France today. Afterwards, the French
government demonstrated once again its understanding of slavery’s
relationship to economics when it took it upon itself to financially
compensate the former “owners” of enslaved people.

The resulting racial wealth gap is no metaphor. In metropolitan France
14.1% of the population lives below the poverty line. In Martinique and
Guadeloupe, in contrast, where more than 80% of the population is of
African descent, the poverty rates are 38% and 46%, respectively. The
poverty rate in Haiti is even more dire at 59%. And whereas the median
annual income of a French family is $31,112, it’s only $450 for a Haitian
family.

These discrepancies are the concrete consequence of stolen labor from
generations of Africans and their descendants. And because the indemnity
Haiti paid to France is the first and only time a formerly enslaved people
were forced to compensate those who had once enslaved them, Haiti should be
at the center of the global movement for reparations.
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