10.01.2013 Views

The_Open_Door_deel1

The_Open_Door_deel1

The_Open_Door_deel1

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

II<br />

century, notably the <strong>Open</strong> <strong>Door</strong> Policy which opened up this<br />

country to European and American trading and to other economic<br />

influences and prevented further seizure of territory by<br />

imperialistic European Colonial Powers, seemed an ideal means<br />

for the Liberian leaders to guarantee the political independence<br />

of the country while simultaneously it would provide<br />

them with the necessary funds to finance the economic development<br />

of the republic. However, they failed to realise such an<br />

official U.S. policy with respect to Liberia. <strong>The</strong> opening of<br />

the country to foreign capital was a controversial issue<br />

nearly as old as the Republic itself. It was partly responsible<br />

for the country's first coup d'etat and the death of<br />

the deposed President, Edward Roye, in 1871 and 1872 respectively.<br />

From the beginning of the present century, the Liberian<br />

Government began to grant an increasing number of concessions<br />

to foreign investors, notably during the Administration<br />

of President Arthur Barclay (1904 - 1912). It was he who, upon<br />

assuming the Presidency in 1904s said;<br />

"We. can only Save, and develop oun. hinten.land i.y the.<br />

help of. the European in. ad en.", (3)<br />

in which group he also included the white Americans.<br />

Internal Liberian politics and the outbreak of the First World<br />

War subsequently prevented the opening up of the country to<br />

foreigners though during the 1920's an important concession<br />

was granted to a foreign investor. In 192o a one million acre<br />

concession agreement was signed with a U.S. company, the Firestone<br />

Tire and Rubber Company. In 1930, however, a Committee<br />

of the League of Nations recommended the abandonment of the<br />

policy of the "closed door" in favour of the "open door" to<br />

the western nations. Significantly, the only Liberian on the<br />

three member commission was former President Arthur Barclay.<br />

During the Administration of President Edwin Barclay (1930 -<br />

1944) the <strong>Door</strong> was set ajar. One of the first decisions he made<br />

was to repeal the famous Ports of Entry Act which had restricted<br />

the trading activities of foreigners to a limited number<br />

of coastal towns. Furthermore, in his First Inaugural Address<br />

he stated:<br />

"Ue shall en.coun.age. the investment of n.epn.oductive foneign<br />

capital and shall it acco/td such facilities thai<br />

while the investon. may te satisfied, the economic status<br />

of oun. people will at the same time i.e imp/toved." (4)<br />

Though he tried, President Edwin Barclay was not able to establish<br />

an active <strong>Open</strong> <strong>Door</strong> Policy. His Administration faced numerous<br />

problems, economic as well as political, and the independence<br />

of the country was more than once in danger during<br />

the 1930's. After he had succeeded in removing both the internal<br />

and external threats to the country's political survival,<br />

the Second World War broke out.<br />

In 1943, William Tubman was elected President of Liberia and<br />

only a few people could have realised at the time that historic<br />

changes were going to take place in, at that time, the only

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!