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As a result of the Dominican-American fiscal arrangement the old debt was practically all canceled, burdensome concessions were redeemed, and a large portion of the surplus from the new bond issue was set aside for public works, of which several were undertaken. A few uprisings by dissatisfied chiefs remained local and unsuccessful.
The rapid and gratifying strides made since the Dominican-American fiscal treaty increased the probabilities of peace are an indication of what the country may and will in time attain. As an English-speaking resident put it, paraphrasing a familiar saying in the United States, "If the people will only raise more cacao and less Hades, the country will soon be a paradise."
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