Who financially saved the Statue of Liberty?

A portrait of Joseph Pulitzer. When the American Committee for the Statue of Liberty ran out of funds for the Statue's pedestal in 1884, newspaper publisher Joseph Pulitzer came to the rescue.



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Although France paid for the statue, the US had to pay for the pedestal. The construction of the Statue of Liberty was a joint project between France and the United States. France was supposed to build the copper statue of a woman raising a torch, and the United States was supposed to build its pedestal.

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The Statue of Liberty was a gift from the French people commemorating the alliance of France and the United States during the American Revolution. Yet, it represented much more to those individuals who proposed the gift. A photograph of Edouard de Laboulaye from the Galerie Contemporaine collection.

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Value and Ownership of the Statue of Liberty If the Statue of Liberty's worth was valued on the material costs alone, it would be worth $227,610 as scrap metal.

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Egypt rejected the Statue of Liberty because according to the Khedive it was too costly. The original plan was to present the colossal neoclassical sculpture to Egypt to stand at the entryway to the Suez Canal as a beacon of light to Asia.

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In 1865, Edouard de Laboulaye(a French political thinker, U.S. Constitution expert, and abolitionist) proposed that a monument be built as a gift from France to the United States in order to commemorate the perseverance of freedom and democracy in the United States and to honor the work of the late president Abraham ...

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It would be a gift from the people of France to the people of the United States with no government involvement. The French would produce the statue and the Americans would provide the pedestal on which it would stand.

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5 Things You May Not Know About the Statue of Liberty
  • The statue represents a Roman Goddess. ...
  • The crown's spikes represent the oceans and continents. ...
  • Lady Liberty is struck by lightning 600 times every year. ...
  • Gustave Eiffel helped to build it. ...
  • Lady Liberty's face is modelled on the artist's mother.


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10 Fun Facts about the Statue of Liberty
  • Her spiky hat is symbolic.
  • She is actually French.
  • The statue served as a lighthouse.
  • Her head isn't on properly!
  • Nobody is allowed in the torch.
  • Lightning doesn't strike twice, does it?
  • She escaped her chains.
  • Why is she green?


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The Eiffel Tower was a gift from the U.S. During the American Revolution, France provided support to the United States. The Statue of Liberty was gifted to commemorate this alliance. However, the Eiffel Tower wasn't a reciprocal gift, even though the two monuments were created in a similar time period.

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