Statue of Liberty of the Franco-American Union as its fundraising arm. With the announcement, the statue was given a name, "Liberty Enlightening the World". The French would finance the statue; Americans would be expected to pay for the pedestal. The announcement provoked a generally favorable reaction in France, though many Frenchmen resented the United States for not coming to their aid during the war with Prussia. French monarchists opposed the statue, if for no other reason than it was proposed by the liberal Laboulaye, who had recently been elected a senator for life. Laboulaye arranged events designed to appeal to the rich and
Conservation-restoration of the Statue of Liberty agreed to a working relationship with the Committee. In June 1981, the Committee was incorporated as a non-profit foundation licensed by the state of New York to raise funds for the restoration effort. The Committee hired four French consultants said to have considerable expertise in their respective fields: an architect-engineer, a metals expert, a structural engineer and a mechanical engineer who were asked to compose a technical report on the physical condition of the statue. The French consultants visited Liberty Island in May, June, October and December 1981, before presenting a preliminary white paper to the National Park Service on