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1940: Liberia

No significant events disturbed the even tenor of life in isolated Liberia during the year 1940. American attention was focused on the country only when a visiting official of the Bank of Monrovia claimed for his nation a place beside Finland on the roll of honor of those countries which pay their debts to the United States. During the year Western civilization continued to penetrate slowly into the backward areas of the country. Final budget results for 1939 show that financial stability has been maintained, with total revenues at $826,700. Liberian rubber imported into the United States totaled 6,346 long tons in the first eleven months of 1940, of which 55 per cent was latex. Over 30 per cent of the imports arrived in October and November, indicating that the production rate has recently been increased.

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