1927 in Liberia
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The following lists events that happened during 1927 in Liberia.
Incumbents
- President: Charles D. B. King
- Vice President: Henry Too Wesley
- Chief Justice: F. E. R. Johnson
Events
- Harvey Firestone secured a 99-year lease on 1,000,000 acres (4,000 km2) of Liberian land for rubber production.[1]: 458
- May 3 - A general election and constitutional referendum were held.
References
- ^ Dorward, D. C. (1986). "British West Africa and Liberia". The Cambridge History of Africa: Volume 7: From 1905 to 1940. 7: 399–459. doi:10.1017/CHOL9780521225052.010.
British efforts to control rubber prices by restricting imperial supplies prompted Firestone in 1927 to seek a 99-year lease on a million acres of Liberia for rubber development, simultaneously insisting on Liberian acceptance of a $5m credit at 7 per cent interest, payable in forty years. [...] Under pressure from the US government, and confronted by a renewed border dispute with France, the King administration accepted the Firestone agreement in 1927.