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Epoch Contemporary of Honduras

Escrito el: 18 de January de 2022 - Modificado: 18 January, 2022 - por: RedHonduras.com - en: History - Origin, Times and Periods, Historical Facts

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  • During the first half of the 20th century, the economy of Honduras was dominated by US companies such as the United Fruit Company, the Standard Fruit Company and the Cuyamel Fruit Company, which established huge banana plantations along the north coast. These companies quickly made bananas the country’s main export product in exchange for large concessions from the Conservatives. In this way, foreign capital, life on banana plantations, and conservatives were determining factors in Honduran politics from 1988 to the middle of the 20th century.

    Manuel Bonilla reached the presidency of Honduras, by means of arms. Once in power, he turned out to be a better friend to the banana companies than his predecessor, Terencio Sierra. During his administration, these companies won tax exemptions and permission to build piers and roads, as well as permission to obtain the charters for the construction of the new Honduran National Railway. Among his greatest achievements, the delimitation of the border with Nicaragua stands out, especially in the area of La Mosquitia, for which there was a long dispute. one

    During the administration of Miguel Rafael Dávila Cuéllar, the United States tried to put an end to the Central American conflicts through the Central American Peace and Friendship Treaty of 1907. However, from 1920 to 1923, there were seventeen uprisings or coup attempts in Honduras. This further contributed to the country’s political instability. Vicente Mejía Colindres took office in 1929 with high hopes for his administration and his nation. Honduras seemed headed for political and economic progress. But many of Mejía Colindres’s hopes were dashed with the onset of the Great Depression.

    Doctor and General Tiburcio Carías Andino governed Honduras dictatorially during the Great Depression , until 1948. During his government the fiscal situation of the country improved remarkably, he modernized the armed forces and slightly improved the education and infrastructure of Honduras. In addition, it brought order and a relative peace that the country had not had, although for this it had to use repression. Pressured by the government of the United States of America, General Carias allowed free elections in the country. However, Carías found ways to use his influence and nominated Attorney Juan Manuel Gálvez as a candidate for the National Party.

    Juan Manuel Gálvez won the elections without any opposition. During his government, Gálvez followed most of the fiscal policies of the Carias administration, reducing foreign debt and paying every last one of the British bonds. The fruit companies continued to receive good treatment from Gálvez. In addition, Gálvez established some notable changes compared to the last fifteen years. Education received more attention, and began to receive a larger part of the national budget. The most obvious change was in the political arena. A considerable degree of freedom of the press was restored. The Liberal Party was allowed to reorganize, as were other political groups. Likewise, the workers also benefited during his government.

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