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SUMMARY<br />

xiv<br />

THE OPEN DOOR POLICY OF LIBERIA<br />

An Economic History of Modern Liberia<br />

In the beginning of the 19th century, groups of freed slaves and<br />

mulattoes from the United States of America emigrated to the west<br />

coast of Africa. In 1847, 25 years after the first successful<br />

colonisation, they proclaimed an independent Republic, which they<br />

named Liberia. At that time they numbered about 3,000, men, women<br />

and children.<br />

<strong>The</strong> indigenous population in the area of the new Republic outnumbered<br />

them by far. <strong>The</strong>y reacted hostilely to the new arrivals,<br />

who soon made their lands a part of their republic although they<br />

did not consider them as fellow citizens. Consequently, many armed<br />

conflicts resulted which threatened the survival of the country.<br />

<strong>The</strong> continued existence of the Republic, however, was not<br />

only threatened from within. Especially in the case of English<br />

merchants who, supported by their government, refused to acknowledge<br />

the political souvereignty of Liberia and evaded the import<br />

and export duties to a large extent. This refusal on the part of<br />

European merchants was one of the reasons which motivated the<br />

Liberians to partially close the country to foreigners. Hence,<br />

foreign trade activities were limited by the "Ports of Entry" Law<br />

in 1864 to six areas along the coast. This protective policy was<br />

also based on the desire to safeguard the economic interests of<br />

the political leaders.<br />

On the other hand, the 1864 law had unexpected and undesireable<br />

consequences. For the coastal tribes who did not live near one of<br />

the six ports, trade with the Europeans, their usual practice, became<br />

illegal. <strong>The</strong>refore they rebelled and it forced the central<br />

government to finance many military expeditions. <strong>The</strong>se increased<br />

government expenditures coincided with diminishing public revenues,<br />

partly caused by the fall in trade which occurred after 1864.<br />

Hence, the financial situation of the Republic deteriorated continuously.<br />

Moreover, during thelast 25 years of the 19th century,<br />

the Liberian leaders witnessed the colonisation of the areas surrounding<br />

the Republic by England and France. Specifically, since<br />

1880, the political independence of Liberia was menaced by the<br />

increasing colonial imperialism of Europe.<br />

<strong>The</strong> Americo-Liberians, as the descendants of the founders of the<br />

Republic preferred to call themselves, were internally divided<br />

about the role of foreigners, particularly Caucasians, in the development<br />

of the country. At the turn of the century, the group<br />

in power favoured cooperation in order to promote the economic development<br />

of the country. Simultaneously, they hoped to obtain<br />

protection for themselves against the intrusive European colonial<br />

powers which had succeeded in seizing territory that the government<br />

in Monrovia claimed.<br />

In the present study, it is shown for the first time that the<br />

<strong>Open</strong> <strong>Door</strong> Policy, first introduced by U.S. President William<br />

McKinley and his Secretary of State, John Hay with respect to

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