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The Haitian American Sugar Company (HASCO) was an American business venture which sought to produce and sell sugar and other goods in Haiti and the United States. The company was founded with a capital of five million dollars on 5 August 1912 in Wilmington, Delaware, by Charles Steinheim, John A. Christie, and Franck Corpay.[1] In Haiti, HASCO became one of the major industries and employed a large number of people. HASCO's operation was threatened by political turmoil in Haiti in the years leading up to 1915. The danger to HASCO and other American business interests in Haiti was allegedly one of the factors which led to the U.S. Marine invasion of the country in 1915 and the continued U.S. occupation until 1934.
[edit] References
- ^ P. Schutt-Ainé, Haiti: A Basic Reference Book, 44
- Schutt-Ainé, Patricia; Staff of Librairie Au Service de la Culture (1994). Haiti: A Basic Reference Book. Miami, Florida: Librairie Au Service de la Culture, p. 44. ISBN 0-9638599-0-0.
