Juan Manuel Gálvez Durón (10 June 1887 – 20 August 1972) was President of Honduras from 1 January 1949 until 5 December 1954. His election, for the National Party of Honduras (PNH), ended the 16-year dictatorship of Tiburcio Carías Andino. Once in office, Gálvez demonstrated more independence than had generally been anticipated. Some policies of the Carías administration, such as road building and the development of coffee exports, were continued and expanded. By 1953 nearly one-quarter of the government's budget was devoted to road construction. Gálvez also continued most of the prior administration's fiscal policies, reducing the external debt and ultimately paying off the last of the British bonds. The fruit companies continued to receive favorable treatment at the hands of the Gálvez administration; for example, United Fruit Company received a highly favorable twenty-five-year contract in 1949. Gálvez, however, instituted some notable alterations from the preceding fifteen years. Education received increased attention and began to receive a larger share of the national budget. Congress actually passed an income tax law, although enforcement was sporadic at best. The most obvious change was in the political arena. A considerable degree of press freedom was restored, the Liberal Party and other groups were allowed to organize, and even some labor organization was permitted. The labor market was increasingly regulated in this period. Congress passed, and the president signed, legislation establishing the eight-hour workday, paid holidays for workers, limited employer responsibility for work-related injuries, and regulations for the employment of women and children. Perhaps the most trying time of his administration occurred during the final months of his rule. In May, 1954, workers within the sectors of mining, brewing, textile making and at the Coca Cola Company, the Standard Fruit Company and the United Fruit Company all went on strike within a 10-day period during May 5–14. While a collective agreement between the 11,000+ striking workers and the management of the Standard Fruit Company was reached by May 21, 1954, thereby becoming "the first time in Honduran history that a private corporation negotiates a collective agreement", the news was not so good elsewhere. That very day, perhaps learning what just happened at the Standard Fruit Company, the number of workers going on strike against the United Fruit Company increased from about 25,000 to about 100,000. This worker action may have brought a sense of panic to our 39th President for on May 23, 1954,