Jump to ContentJump to Main Navigation
Bankers and EmpireHow Wall Street Colonized the Caribbean$
Users without a subscription are not able to see the full content.

Peter James Hudson

Print publication date: 2017

Print ISBN-13: 9780226459110

Published to Chicago Scholarship Online: September 2017

DOI: 10.7208/chicago/9780226459257.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 22 June 2021

Financial Occupations

Financial Occupations

(p.81) Three Financial Occupations
Bankers and Empire

Peter James Hudson

University of Chicago Press

This chapter examines the attempts of the National City Bank of New York to take over the banking and financial affairs of the Republic of Haiti. The chapter argues that the bank’s ventures into Haiti were a core element of a strategy of internationalization that itself was part of a broader project of modernization and managerial reform. Additionally, the chapter demonstrates that the City Bank’s managerial reforms served to operationalize in policy notions of racial difference and ideologies of white supremacy which in turn served to construct and reinforce the racial hierarchies governing US-Haitian relations. While the City Bank’s efforts in Haiti were arguably its most successful early international venture, it was also among the most controversial. The bank’s actions exacerbated long-standing strife between foreign bankers and the Haitian government and fomented the conditions leading to a repressive nineteen-year US Marine intervention into and occupation of Haiti, beginning in 1915.

Keywords:   internationalization, neo-colonialism, dollar diplomacy, central banking, foreign banking, racial capitalism, white supremacy, anti-blackness, military occupation, soveriegnty

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.