Word: liberian
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...Christie heard about Liberia's "Devil Mountain," a rich lode of iron ore in the Bomi Hills. Business-wise Christie, who had made a small fortune operating a barge line in New York, went back to Liberia after he was demobilized. He wangled a concession from the Liberian government to mine the mountain area, where ore assayed 68% iron (average in the Mesabi Range...
Married. William Vacanarat Shadrach Tubman, 52, dapper, coal-black President of the Liberian Republic; and Antoinette Padmore, thirtyish, granddaughter of Liberian ex-President Arthur Barclay and cousin of Tubman's predecessor, Edwin Barclay; he for the third time, she for the first; in Monrovia, Liberia...
Stettinius and several other sponsors of the Liberian venture are also associated with a little-known company, the World Commerce Corp., which has many similar world development schemes on its agenda. It has been quietly organizing since 1945. Like Stettinius Associates, the corporation has a paid-in capital of only $1,000,000. But it has unlimited capital resources among its potent U.S., British and Canadian backers...
...know-how, Stettinius formed Stettinius Associates with such big wheels as General Electric's Chairman Philip D. Reed, ex-Under Secretary of State Joseph C. Grew and Admiral William F. Halsey. They will raise $1,000,000 in capital to form the Liberia Co., jointly owned with the Liberian Government. This company, in turn, will form up to 20 different subsidiaries to develop Liberia's iron ore, cocoa, lumber and other resources...
Self-Help. One-fourth of the company's 1,000,000 shares of stock will be given outright to the Liberian Government; a tenth will go to endow the Liberian Educational Foundation. As each subsidiary develops, the foundation will set up an industrial training program within the new industry. As the foundation's income increases, it will finance the training of Liberians in U.S. medicine and technology and ultimately help create a University of Liberia...