During the colonial era, Liberia was supposedly independent; but to all intents and purposes, it was a colony of the U.S.A. In 1926, the Firestone Rubber Company of the U.S.A. was able to acquire one million acres of forest land in Liberia at a cost of 6 cents per acre and 1% of the value of the exported rubber. Because of the demand for and the strategic importance of rubber, Firestone’s profits from Liberia’s land and labour carried them to 25th position among the giant companies of the U.S.A. ~ Walter Rodney blackherbals/walter_rodney.pdf
Posted on: Fri, 25 Oct 2013 20:33:45 +0000
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