President Grover Cleveland inaugurated the Statue of Liberty on October 28, 1886. The statue was a gift to the United States commemorating the friendship between the French and the American people. The statue is the largest gift ever given to Americans, weighing 225 tons and measuring over 151 feet high without its pedestal.
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I believe that if you check further, Grover Cleveland, as Gov. of NY defeated funds to be used for building the base of the Statue, I don’t think he was always such a big supporter of it…Hence, the campaign to put it up by kids, through the newspapers…and the handful of coins thrown into the cement of the foundation to symbolize it was built by small donations, not public funds or corporate contribution.