1920 – 1929
1920s
- 1905 – March 31, 1941The United States takes over Dominican customs to repay foreign creditors
After the Roosevelt Corollary of December 1904, a US-appointed receiver collects the Dominican customs from 1905, with a 1907 treaty and a 1924 convention extending it. It ends on 31 March 1941 under the Trujillo-Hull convention.
- July 28, 1915 – 1934United States Marines land in Haiti, beginning a 19-year occupation
On 28 July 1915 the US lands at Port-au-Prince on Woodrow Wilson's order and takes over Haiti's customs, banks and treasury. Forty percent of Haitian income goes to repay American and French lenders until 1934.
- May 1916 – September 18, 1924United States Marines occupy Santo Domingo, beginning an eight-year occupation
In May 1916 US forces land and take Santo Domingo, and a military government follows in November. Aims include forcing repayment of debts to European creditors. The Marines withdraw on 18 September 1924.
- 1922National City Bank fully acquires Haiti's national bank and moves it to New York
In 1922 National City Bank completes its purchase of the Banque de la République d'Haïti and moves its headquarters to New York City. Haiti's debt to France is now paid to American investors.