Augusto Bernardino LeguĂa y Salcedo
Augusto Bernardino LeguĂa y Salcedo (born February 19, 1863, Lambayeque, Peruâdied February 7, 1932, Lima) was a businessman and politician who, during the first of his two terms as president of Peru (1908â12; 1919â30), settled the countryâs age-old boundary disputes with Bolivia and Brazil.
LeguĂa was a member of one of the more distinguished families of the Peruvian oligarchy. Before entering politics, he acquired a great deal of experience in business, founding his own insurance company in 1896 and serving on the board of a large British sugar company during the 1890s.
He served Peru as minister of finance and premier from 1903 to 1908. After his election as president in 1908, LeguĂa encouraged economic development by introducing fiscal and administrative reforms, and he improved the health-care system by founding hospitals and building drainage systems in the cities. After complicated negotiations he also resolved the controversies with Bolivia and Brazil over disputed territories. For the most part he remained the tool of the Peruvian oligarchy during this term. He spent the interval between his two presidential terms in London.
When in 1919 LeguĂa was recalled to the presidency, elements of the oligarchy revolted, but his followers staged a coup dâĂ©tat on July 4, 1919, to install him in office. As a result, during his second term LeguĂa broke with the old oligarchy that had dominated Peruvian politics for the previous two decades, and he forced many prominent politicians into exile. Although he presided over the creation of a new constitution, he disregarded constitutional norms and ruled as a dictator. In 1930 LeguĂa was removed from office by a coup.