Statue of Liberty and about two percent of the exterior plates needed to be replaced. Although problems with the armature had been recognized as early as 1936, when cast iron replacements for some of the bars had been installed, much of the corrosion had been hidden by layers of paint applied over the years. In May 1982, President Ronald Reagan announced the formation of the Statue of Liberty–Ellis Island Centennial Commission, led by Chrysler Corporation chair Lee Iacocca, to raise the funds needed to complete the work. Through its fundraising arm, the Statue of Liberty–Ellis Island Foundation, Inc., the group raised more than
Conservation-restoration of the Statue of Liberty Before being replaced, the bar was photographed; the image is in the June 1986 issue of "Smithsonian" magazine. The torch was removed from the statue on July 4, 1984. An article in "The New York Times" from October 8, 1984, stated that the new torch is to be completed in the same manner that the old torch was made in 14 months by ten craftsmen from Les metalliers Champenois based in Reims, and that a workshop at the statue's base on Liberty Island had been made accessible to the public that month. Within the copper body of the statue is