Sweet Diamond Dust Essay

745 WordsOct 14, 19993 Pages
Chapter IV focuses on the presence of the Americans in Puerto Rico during the early part of the twentieth century and their subsequent development of the sugarcane industry there. During this time, the United States military occupied Puerto Rico. Due to this occupation, the native islanders were affected in numerous ways and were looked down upon by the Americans. The Americans viewed the natives as incompetent and unable to be trusted. Many new American banks were popping up in Guamani that were reluctant to finance island run mills, but were giving money to the American run mills: "A number of powerful banks from the north had recently opened branches in Guamani…These banks, however, found no difficulty in financing the new sugar…show more content…
Mr. Irving said that the progress of the new century belongs to Americans and the progress of the past belongs to the Spanish. Yet again, showing how the Americans look down upon the native peoples. He then proposed his deal to the two Americans; he would sell them some of his cane fields, if they would lend him the money to ‘modernize' his own mill. The Americans find this to be amusing because Don Julio thinks that the bank invested to wipe out foreign landowners, when they were really investing in a business that has potential to be profitable: "'This man thinks our bank is Snow White's business partner! I'm afraid you're mistaken my friend. We've no vested interests whatsoever in the venture, and there' no way M. Durham can tell us what to do.' And taking Don Julio gently by the arm, he explained that his bank's role was not to choose between criollo and foreign landowners, but to loan out money to a solid enterprise, for the good of all," (33) said Mr. Durham. This shows the difference between the two ways of thinking. The Americans are concerned with the business aspects and money. On the other hand, Don Julio is worried about his family business. The day of the inauguration was a big spectacle with a zeppelin, donning the colors of the American flag on its tail on a banner stating "April 15, 1918- Follow Our Example," flying in the direction of the new mill. This zeppelin served two purposes. The first being that the banner was
Open Document