Augusto Bernardino Leguía y Salcedo (1863–1932) was a Peruvian politician who twice occupied the Presidency of Peru, from 1908 to 1912 and from 1919 to 1930. 1863 is a common year starting on Thursday. ... 1932 is a leap year starting on a Friday. ... Political parties in Peru lists political parties in Peru. ... An economist is someone who studies Economics. ... 1863 is a common year starting on Thursday. ... 1932 is a leap year starting on a Friday. ... List of presidents of Peru : The Independence War 1821-1822: José de San Martín 1822-1823: José de La Mar 1823: Manuel Salazar y Baquíjano 1823: José de la Riva Agüero 1823-1824: José Bernardo de Tagle 1824-1826: Simón Bolívar 1826-1827: Andrés... 1908 is a leap year starting on Wednesday (link will take you to calendar). ... 1912 is a leap year starting on Monday. ... 1919 was a common year starting on Wednesday (see link for calendar). ... 1930 is a common year starting on Wednesday. ...

Leguía y Salcedo was born in Lambayeque in 1863. He became Secretary of Treasury during the presidency of Eduardo López de Romaña. By 1908 he won the Peruvian elections, succeding José Pardo until 1912 (a succession event that would occur again in 1919). Some of Leguía y Salcedo's first actions were to institute social and economic reforms in an attempt to industrialize Peru and turn it into a modern capitalist society. The country was also confronting boundary disputes with five of its neighbors, of which Leguía y Salcedo succeeded in reaching agreements with two of them, Bolivia and Brasil. After his first term ended in 1919, he was succeeded by Guillermo Billinghurst, a millionaire businessman who had been the former mayor of Lima. The name Lambayeque originates from Llampayec, an idol that was worshipped in northern Peru. ... The United States Secretary of the Treasury is the finance minister of the Federal Government of the United States. ... This article or section should include material from Monetary policy of central banks. ... Guillermo Billinghurst Guillermo Billinghurst was a Peruvian politician. ... This article is about Lima, Peru. ...

During the following years, Leguía y Salcedo travelled in the United Kingdom and the United States, where he learned methods of banking and finance that he would later apply in Peru. In 1919 José Pardo's government was overthrown after a military coup, which led Leguía y Salcedo to succeed him as an interim president. He then proceeded to dissolve Congress and the new parliament elected him constitutional president of Peru. Leguía y Salcedo changed the Peruvian constitution which had the longest continuance since 1860, and promulgated a new one in 1920, which was more liberal than than its predecessor and provided for more civil guarantees. Nevertheless, having himself promulgated the constitution, Augusto B. Leguía y Salcedo almost completely ignored it and the next 11 years of his tenure were marked with a dictatorial style of ruling. Various political opponents of his government were exiled, which gave rise to the foundation of the populist movement American Popular Revolutionary Alliance (APRA), founded in Mexico in 1924 by the exiled Víctor Raúl Haya de la Torre. Benito Mussolini and Adolf Hitler were two of the 20th centurys most notorious dictators. ... APRA banner The American Popular Revolutionary Alliance (APRA), today officially known as Partido Aprista Peruano (Peruvian Aprist Party) is Perus oldest and only well-institutionalized political party. ... Víctor Raúl Haya de la Torre (22 February 1895 - 2 August 1979) was a Peruvian political leader who founded the American Popular Revolutionary Alliance (APRA) party. ...

Among the positive initiatives that ocurred during his second term were a program to modernize Lima by starting public works through various loans. The Banco Central de Reserva del Perú and the Banco Hipotecario of Peru were also created, and treaties of limits with Colombia and Chile were also signed. He decided to accept the Tacna-Arica compromise, which unfortunately led to economic depression in later years.

After 11 years in power and the world depression affecting Peru by ending the flow of foreign capital investments, his government was finally overthrown in August 25, 1930, by Luis Miguel Sánchez Cerro. Leguía y Salcedo was arrested and imprisoned in the Panóptico of Lima, where he past away in 1932. The Great Depression was a global economic slump that began in 1929 and bottomed in 1933. ...

List of presidents of Peru : The Independence War 1821-1822: José de San Martín 1822-1823: José de La Mar 1823: Manuel Salazar y Baquíjano 1823: José de la Riva Agüero 1823-1824: José Bernardo de Tagle 1824-1826: Simón Bolívar 1826-1827: Andrés... Guillermo Billinghurst Guillermo Billinghurst was a Peruvian politician. ... List of presidents of Peru : The Independence War 1821-1822: José de San Martín 1822-1823: José de La Mar 1823: Manuel Salazar y Baquíjano 1823: José de la Riva Agüero 1823-1824: José Bernardo de Tagle 1824-1826: Simón Bolívar 1826-1827: Andrés...

External links

• Sep. 8, 1930 Time magazine's cover with Augusto B. Leguía y Salcedo's portrait (http://www.time.com/time/covers/0,16641,1101300908,00.html)

See also

• Politics of Peru
• List of Presidents of Peru