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Mario García Menocal was born on December 17, 1866, in the town of Jagüey, located southeast of Havana in the Matanzas Province of Cuba. As a young man, he was a partisan in Cuba's fight for independence and he later became a prominent conservative politician. Menocal was elected to the presidency of Cuba in 1912 and assumed the office in 1913. During his administration, he strongly supported business and corporations, as he had promised in his platform. While in office, Cuba also established its own currency, but the United States dollar continued to be the only paper money in circulation on the island until 1934.
During his second term as president of Cuba, the United States entered into World War I. During the war, due in part to his close ties to the United States and the escalating prices of sugar, Cuba experienced an economic resurgence. However, once the war ended, the sugar market plunged and the country slid into a severe recession.
While in office, García Menoca, a graduate of Cornell University, hosted the 1920 Delta Kappa Epsilon National Convention in Havana. When his presidency ended on May 20, 1921, Menocal unsuccessfully attempted to remain in politics. He died in Santiago de Cuba on September 7, 1941.
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