Allen Yancy

Allen N. Yancy (1881–1941) was Vice President of Liberia from 1928 to 1930 under President Charles D.B. King. He was forced to resign in 1930 following his involvement with forced labor exported to the Spanish-controlled island of Fernando Po (now Equatorial Guinea).

Presidential election of 1927

The 1927 elections had two major issues: the use of foreign capital in Liberia, and the "Open Door Policy".[1] The use of foreign capital in the development of the county had been a controversial issue in Liberia for many years, and continued when negotiations with Harvey Firestone led to the Firestone Concession Agreement in 1926.[2] The United Kingdom, which dominated the world rubber industry following World War I, enacted policies to limit the rubber supply in response to a sharp drop in prices following the war.[2] Called The Stevenson Plan, it went into force on 1 January 1922. The Stevenson Plan was hurtful to the United States economy, as the increase of a penny per pound of rubber would mean a loss of $8 million.[2] Firestone, angered by Britain's policies, was determined to find a way for America to grow its own rubber. Liberia was very suitable for rubber production due to its tropical, humid climate, and Firestone began making a series of agreements with Liberia to acquire land and eliminate Liberia's debts to Great Britain, culminating in the agreement of 1926.[2] The agreement, which Firestone called "the greatest concession of its kind ever made", gave him virtually no tax obligations to Liberia, and exclusive land rights to about 10% of the country's arable land. The Liberian government, on the other hand, obligated themselves to a 5 million dollar loan from Firestone through his wholly owned subsidiary, the Finance Corporation of America. An American financial advisor appointed by the United States controlled Liberia's finances and approved the country's annual budget. These concessions, which practically made Liberia a U.S. protectorate, were opposed both inside and outside the country.[2]

gollark: <@!139859208592949248> You are trapped in a labyrinth. There are some doors. One of them leads out. One of them leads into a lethal cryoapiary.There are two gollarks in front of the doors. One gollark speaks the truth, one gollark always lies. You suddenly notice other gollarks appearing. The other gollark tells the truth or lies at random. The other² gollark is truthful iff your question does not refer to itself or other gollarks. The other³ gollark calls in orbital laser strikes against those it perceives as asking tricky questions. The other⁴ gollark is truthful iff it predicts (with 99.6% historical accuracy) that you will consider it (one of) the falsehood-telling gollark(s). A subset of the gollarks will say "bee" and "apioform" instead of "true" or "false", but you do not know which or which words "bee" and "apioform" correspond to. The other⁴ gollark just tells you the first bit of the SHA256 hash of your question in UTF-8. Another gollark appears to be randomly materializing doors. The other⁵ gollark will cooperate with you iff you cooperate with CooperateBot/angel. Yet another gollark will tell the truth iff you know what iff means. The final gollark appears to be fiddling with the orbital mind control laser making you know this.What do you do?
gollark: It has port 9999 forwarded now.
gollark: On my raspberry pi.
gollark: Well, yes, but I don't know how to use it without awful merge conflicts and it isn't very realtime.
gollark: We could, accursedly, use sshfs to the HNode™.

References
  1. "The 1927 Presidential Election." From liberiapastandpresent.org Retrieved 24 February 2013.
  2. 1926 Firestone Concession Agreement Archived 2018-01-19 at the Wayback Machine From liberiapastandpresent.org Retrieved 24 February 3l2013.
Political offices
Preceded by
Henry Too Wesley		 Vice President of Liberia
1928–1930		 Succeeded by
Clarence Simpson


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.