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by the United States, the company, which was based in New York City, was granted a concession by the
Dominican government to develop the area, including building infrastructure and attracting settlers. The agreement, which was signed on December 28, 1872 and ratified by the
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subsequently cancelled the concession and seized the
Company's assets due to the Company's non-payment of their $ 150,000 annual lease (equivalent to $ 3,815,000 in 2023).
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Following the signing of the agreement, American investment increased significantly in the
Dominican Republic, and there was an influx of
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of both sugar and tobacco from the United States, Cuba, and Puerto Rico, and sugar production especially increased dramatically.
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Bryan, Patrick (1978). "The
Transition to Plantation Agriculture in the Dominican Republic, 1870-84".
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The United States and the
Dominican Republic, 1871-1940: a cycle in Caribbean diplomacy
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Report of the commissioners who negotiated the convention with the
Dominican Republic
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Samana Bay
Company of Santo Domingo; Samana Bay Company of Santo Domingo (1873).
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was a company established in the mid-19th century with the aim of developing the
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on
February 19, 1873, also granted the Company complete
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573:States and territories disestablished in 1874
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379:Dominican Republic and Haiti: Country Studies
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521:. You can help Knowledge by
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213:• Disestablished
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195:• Established
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467:(Thesis).
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358:: 82–105.
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280:Samaná Bay
203:1872-12-28
112:Commanders
99:Government
93:Samanenses
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149:Commander
119:President
37:1872–1874
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287:planters
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261:History
253:in the
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