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Jean-Pierre Boyer and Payment of indemnity to France

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Jean-Pierre Boyer and Payment of indemnity to France

After defeating France, Boyer and the Haiti had to practically buy its independence from the European country at the sum of 150 million francs. The sum, which was to be paid within five years had to be reduced to 90 million francs years later, and the badly pauperized Haiti had to borrow the money from France itself. They had found themselves in an untenable situation as Boyer was eager to have the country declared independent. Productivity had fallen and the President attempted to implement a system of semi-feudal fermage to combat the change.

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