Presidency
In 1922, he was elected as Colombia's 36th president. During his administration, he organized the Departments of Education, Health and the Treasury. He created the Central Bank (Banco de la Republica) and greatly advanced critical public works, such as the main national highways and railways systems, dams and bridges, and the crude oil pipelines connecting the mayor oil-fields to the sea ports.
Ospina, as president of the republic between 1922 and 1926, secured the creation of a modern central bank, and in 1928 he created the Bogotá stock exchange. During his administration, banking and commerce expanded and became more organized.
Read more about this topic: Pedro Nel Ospina
Famous quotes containing the word presidency:
“... how often the Presidency has simply meant that a man shall be abused, distrusted, and worked to death while he is filling the great office, and that he should drop into unmerited oblivion when he has left the White House ...”
—M. E. W. Sherwood (1826–1903)
“Some of the offers that have come to me would never have come if I had not been President. That means these people are trying to hire not Calvin Coolidge, but a former President of the United States. I can’t make that kind of use of the office.... I can’t do anything that might take away from the Presidency any of its dignity, or any of the faith people have in it.”
—Calvin Coolidge (1872–1933)
“I once told Nixon that the Presidency is like being a jackass caught in a hail storm. You’ve got to just stand there and take it.”
—Lyndon Baines Johnson (1908–1973)