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History of Liberia - Johns Hopkins University Studies in Historical and Political Science by J.H.T. McPherson
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been invaluable, became so much impaired that he was obliged to resign.
He returned to the United States, and long rendered the Society
efficient service in another capacity. John B. Russwurm, a citizen of
Monrovia, and once editor of the Liberia _Herald_, was appointed
Governor, and served ably and faithfully until his death in 1851. Early
in his administration a convenient form of paper currency, receivable at
the Society's store, was introduced, and proved most useful in trade
with the natives. In 1841 some slight difficulties with employes of
missions led the Society, while still retaining control of affairs, to
assert by resolution that the colony was a sovereign State. A revenue
law introduced in 1846 soon produced an income of about $1,200. In this
year began the trips of the "Liberia Packet," a vessel maintained by a
company formed to trade between Baltimore and _Harper_, as the town of
the colony was named, in honor of Robert Goodloe Harper. A certain
amount of trade was guaranteed and other aid given by the Society. In
1847 the justiciary was separated from the executive; a chief justice
and a system of courts were provided for.

The year 1852 ended the period during which the Society drew its annual
stipend from the State treasury; but the General Assembly was induced to
extend the provisions of the Act of 1831 for a further period of six
years. It may be as well to note here that in 1858 a further extension
was made for five years, the amount at the same time being reduced to
$5,000 per annum.[10] For twenty years the colony had flourished under
the care and good management of the Society. Prosperity now seemed
secure, and a spirit of discontent, a desire to throw off the yoke and
assume autonomy began to prevail. The great success following the
assumption of Independence by Liberia in 1847, and the recognition at
once obtained from the leading nations of Europe, naturally strengthened
the feeling. A committee of leading citizens petitioned the Society to
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