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-166-<br />

England's demand for iron ore was met predominantly by the<br />

Canadian ore, partly by its West African colony of Sierra Leone,<br />

and to a lesser extent by other countries. Although in 1945 there<br />

was no need for England to look for alternative sources of supply<br />

a gradual change became noticeable in the 1950's because of the<br />

control of the sources of supply by large U.S. steel companies.<br />

This resulted in a search for more independent sources of ore.<br />

By then British economic policy had changed and emphasis was<br />

placed on the maximum use of home ores (notably those of the<br />

Midlands) probably in an attempt to reduce foreign exchange<br />

requirements and to increase employment (19).<br />

Germany had traditionally had a shortage of iron ore and, before<br />

the war, had been supplied mainly by the Scandinavian countries<br />

(85? of the German imported ore). Prior to the painful experience<br />

of economic dependency and political vulnerability during the war<br />

the Germans showed little interest in large-scale investments in<br />

overseas mining ventures but after the lessons of the war the<br />

policy of the German steel companies became one of diversifying<br />

their foreign sources of supply, in addition taking an interest<br />

in or acquiring the ownership of foreign mines in order to have<br />

a more or less guaranteed source of supply. Eventually, in the<br />

195O's, the needs of the booming German economy resulted in<br />

considerable investments by German steel producers in iron ore<br />

mining ventures in three different continents: Asia (India),<br />

Africa (Gabon, Liberia and Mauritania) and Latin America<br />

(Brazil) (20).<br />

<strong>The</strong> granting of a concession to Lansdell Christie.<br />

<strong>The</strong>se developments in the international iron ore market and the<br />

events in Liberia preceding the turnover of power to William<br />

Tubman are important as without them the post-war investments in<br />

the iron ore of Bomi Hills and other deposits would not have<br />

materialized as they did.<br />

In August 27, 1945 a mining concession for the development of the<br />

Bomi Hills reserves was granted by President Tubman to Lansdell<br />

K. Christie who had served with the U.S. Army in the construction<br />

of the airfield near Firestone's Harbel plantations, Robertsfield,<br />

following the U.S. - Liberia Defense Treaty of March 31, 1942<br />

(21). Christie was neither a rich businessman nor an iron ore<br />

expert but he did foresee the possibilities which the high-grade<br />

Bomi Hill-iron ore offered with respect to the U.S. steel<br />

industry. He obtained an eighty-year concession giving him<br />

exclusive exploration rights in an area of about three million<br />

acres (within a radius of 40 miles of the Bomi Hills) and the<br />

exclusive mining rights in respect of all minerals except gold,<br />

diamonds, and platinum in a smaller area of maximum 25,000 acres.<br />

<strong>The</strong> Liberian Government was to be paid an exploration tax of<br />

$ 100.00 per month (I 250.00 per month during any extension of<br />

the 3s year exploration period), a surface tax of initially 5<br />

cent per acre per year and which would gradually climb up to 25<br />

cents, and a basic royalty of 5 cents for each ton of iron ore<br />

exported.

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