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-31-<br />

re-activating the first concession (of 1889), the concession<br />

never materialized (87).<br />

In 1901 an English company acquired the Union Mining Company. Its<br />

name was changed into the "West African Gold Concessions, Ltd.".<br />

<strong>The</strong> Chairman of the company, one Colonel Powney, travelled in the<br />

interior of the Republic and in 1904 and 1906 obtained from<br />

President Arthur Barclay important other rights. Again the name<br />

of the company was changed, this time into the "Liberian<br />

Development Chartered Company". <strong>The</strong> company was granted mining<br />

rights in Montserrado and Maryland Counties, and general banking,<br />

railway, telegraph, and other rights throughout the country by<br />

President Barclay (88). Later, Colonel Powney's mining company<br />

merged with the rubber monopoly mentioned above. <strong>The</strong> resulting<br />

company was the "Liberian Development Company" whose Chairman,<br />

Sir Harry Johnston, played an important role in the obtaining<br />

and spending of the 1906 Loan.<br />

Since the 1880's foreign trading activities of German and Dutch<br />

trading houses had also increased. In short, foreign traders,<br />

bankers, investors, as well as scientists and politicians showed<br />

an increasing interest in Liberia. <strong>The</strong> result of these growing<br />

interests and activities was an improved knowledge^of the<br />

country. During the 1880's a Swiss Professor, J. Buttikofer,<br />

travelled extensively in the interior. Upon his return in Europe<br />

he published his famous "Reisebilder aus Liberia". This was the<br />

first and for a long time the best book ever written on Liberia's<br />

fauna. Managers and employees of the German trading house of<br />

Woermann, of the Monrovia Rubber Company, of the Liberian Rubber<br />

Corporation, and of the Liberian Development Chartered Company<br />

contributed much to an increased knowledge of the flora of<br />

Liberia. This information was systematically presented by Otto<br />

Stapf of the Botanical staff of the Royal Gardens, Kew, Great<br />

Britain, and by Alexander Whyte. <strong>The</strong> latter had been hired by the<br />

Liberian Developemnt Chartered Company for the specific purpose<br />

of making an investigation of Liberia's flora (89).<br />

<strong>The</strong>se developments did not take place without (political)<br />

difficulties. In 1900 President Coleman was forced to resign<br />

because of dissatisfaction over his policy to extend Liberian<br />

jurisdiction further into the interior (90) . His successor,<br />

President Gibson (1900 - 1904), had to face serious political<br />

unrest. In 1901 he was threatened by a mob because of the'<br />

involvement of a number of Liberians, of whom were Government<br />

officials, in the English-owned "West African Gold Concessions,<br />

Ltd." <strong>The</strong> Liberian shareholders were accused of selling the<br />

country and of accepting bribes from the English owners (91).<br />

<strong>The</strong> Administration of President Arthur Barclay (1904 - 1912)<br />

<strong>The</strong> Administration of President Arthur Barclay represents a<br />

political turning point in the history of Liberia which brought<br />

to an end the conflict between mulattoes and black emigrants.<br />

During his Administration the Liberian Constitution was changed,

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