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-167-<br />

<strong>The</strong> concessionaire became exempted from all taxes (or any other<br />

payments to the Government of Liberia) in lieu 6f this exploration<br />

tax, surface tax, and royalty. It should be borne in<br />

mind that at the time of signing of this concession agreement<br />

II there was no income tax legislation in Liberia. A rather singular<br />

provision in respect of the principles of the <strong>Open</strong> <strong>Door</strong> Policy<br />

which was propagandised by Tubman, and which stands for equal<br />

opportunities for all nations, provided that at least 60? of the<br />

shares of any corporation whieh may acquire the concession must<br />

be owned by citizens of Liberia and/or the U.S.A. (22). (See for<br />

further details of the 1945 mining concession agreement with<br />

Lansdell Christie Annex 12.)<br />

It is important to note that a group of Liberian citizens<br />

objected to this agreement and notably to its terms which could<br />

only result in a strictly limited sharing of the national<br />

Treasury in the benefits of the venture. Tubman 1 s method of<br />

dealing with the criticism is of equal significance. <strong>The</strong><br />

opponents included members of the judicial bench, e.g. the judges<br />

J.A. Giffens, H.N. Gibson, and T. Gybli Collins, journalists<br />

(Albert Porte and C. Frederick Taylor - the latter being a<br />

naturalized Liberian citizen), and others. <strong>The</strong>y drew up, signed<br />

and presented a petition. Subsequently, the judges were dismissed<br />

and Albert Porte sentenced to one month in jail (23).<br />

As Christie lacked the capital and the expertise to develop the<br />

concession he contacted the former explorers of the Bomi Hills<br />

area, Wm.H. Muller & Company from Holland, who accepted his offer<br />

to participate and to engage in a project which ten years earlier<br />

they had contemplated. However, a substantial Dutch investment<br />

was prevented by the Dutch Government's exchange restrictions<br />

which had been imposed at the end of the war. Yet Muller's<br />

participation in the Liberia Mining Company, a company which<br />

Christie in the meantime had created, resulted in the recruitment<br />

of mainly Dutchmen for the technical and administrative positions<br />

in L.M.C. whose first resident General Manager, J. Van de Velde,<br />

was also a Dutchman (24). In 1948, L.M.C. and Wm.H. Muller &<br />

Company signed an agreement making the Dutch company the<br />

exclusive sales agent with respect to countries other than the<br />

U.S.A. and -non-exclusive agent with respect to sales in the<br />

U.S.A.<br />

<strong>The</strong> setback which the venture suffered because of the inability<br />

of the Dutch participants to transfer money abroad made the<br />

solution of one of the major problems, the transportation of the<br />

ore from the mining site to the Port, more acute as a bridge over<br />

the St. Paul river had to be constructed. This problem was solved<br />

when it was decided that this bridge would be built as part of<br />

the port project, financed with U.S. funds. In late 1949 the<br />

bridge was officially opened by President Tubman (25) and named<br />

in his honour. <strong>The</strong> decision to construct the bridge with U.S.<br />

funds, which were made available under the 1943 Port Agreement,<br />

gave cause to questions raised by the U.S. Congress (26).<br />

Aided by this public funds from the U.S.A., which however had to<br />

be repaid by the Republic of Liberia, in early 1949 Christie<br />

organized a conference in Bomi Hills to which he invited the<br />

Export-Import Bank of Washington and the Republic Steel<br />

Corporation.

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