<DOCUMENT>
<TYPE>EX-99.77.B
<SEQUENCE>2
<FILENAME>fp0000936_ex9977b.txt
<TEXT>
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM ON INTERNAL CONTROL
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To the management and Board of Directors of The Herzfeld  Caribbean  Basin Fund,
Inc.

In planning and performing our audit of the financial statements of The Herzfeld
Caribbean  Basin  Fund,  Inc.  as of and for the year  ended June 30,  2009,  in
accordance with the standards of the Public Company  Accounting  Oversight Board
(United States) (the "PCAOB"), we considered its internal control over financial
reporting,  including control activities for safeguarding securities, as a basis
for designing our auditing  procedures for the purpose of expressing our opinion
on the financial  statements and to comply with the  requirements of Form N-SAR,
but not for the purpose of  expressing  an opinion on the  effectiveness  of The
Herzfeld Caribbean Basin Fund, Inc.'s internal control over financial reporting.
Accordingly, we express no such opinion.

The management of The Herzfeld  Caribbean  Basin Fund,  Inc. is responsible  for
establishing   and  maintaining   effective   internal  control  over  financial
reporting.  In  fulfilling  this  responsibility,  estimates  and  judgments  by
management  are  required to assess the expected  benefits and related  costs of
controls.  A company's  internal  control over financial  reporting is a process
designed to provide reasonable  assurance regarding the reliability of financial
reporting and the preparation of financial  statements for external  purposes in
accordance with generally accepted accounting principles.  Such internal control
includes  policies and procedures that provide  reasonable  assurance  regarding
prevention or timely detection of unauthorized  acquisition,  use or disposition
of a  company's  assets  that  could  have a  material  effect on the  financial
statements.

Because of its inherent  limitations,  internal control over financial reporting
may not prevent or detect misstatements.  Also, projections of any evaluation of
effectiveness to future periods are subject to the risk that controls may become
inadequate  because of changes in  conditions  or that the degree of  compliance
with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design
or operation of a control does not allow management or employees,  in the normal
course  of  performing   their   assigned   functions,   to  prevent  or  detect
misstatements  on a timely  basis.  A  material  weakness  is a  deficiency,  or
combination of deficiencies,  in internal control over financial reporting, such
that  there is a  reasonable  possibility  that a material  misstatement  of The
Herzfeld  Caribbean Basin Fund,  Inc.'s annual or interim  financial  statements
will not be prevented or detected on a timely basis.

Our consideration of The Herzfeld  Caribbean Basin Fund, Inc.'s internal control
over  financial  reporting  was for the limited  purpose  described in the first
paragraph  and would not  necessarily  disclose  all  deficiencies  in  internal
control that might be  significant  deficiencies  or material  weaknesses  under
standards established by the PCAOB. However, we noted no deficiencies  involving
internal control over financial reporting and its operation,  including controls
for  safeguarding  securities,  that we consider to be  material  weaknesses  as
defined above as of June 30, 2009.

This report is intended solely for the information and use of management and the
Board of Directors of The Herzfeld Caribbean Basin Fund, Inc. and the Securities
and  Exchange  Commission  and is not  intended  to be and should not be used by
anyone other than these specified parties.

/s/ ROTHSTEIN, KASS & COMPANY, LLP

San Francisco, California
August 12, 2009
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</DOCUMENT>
