CONDITIONS IN LIBERIA 



733 



'i- - Vi 



Photo by Edgar Allen Forbes 

 RECKNT BRITISH REPRESENTATIVKS IN MONROVIA 

 The gentleman on the right is Captain Braithwaite Wallis 



Despite frequent assertions to the con- 

 trary, Liberia is not bankrupt. Much 

 that is crude was discovered in the ad- 

 ministration of the fiscal affairs of the 

 republic. The government is embarrassed 

 by its indebtedness and the burdens 

 which it entails. But the national debt 



of less than $1,300,000 is not excessive, 

 even if we compared it with the present 

 revenues. In contrast to the natttral 

 wealth of the country, it is very small. 

 Liberia is not a failure in self-govern- 

 ment. It is trtie that the effective gov- 

 ernment of the country extends only to 



