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The Foundation's next attempt was in 1973 on the island of Abaco in the Bahamas . The Bahamas were about to gain independence from the United Kingdom, but a number of white residents did not approve of living under black rule. [3] In June 1973, one month before the intended independence, the Foundation financed Chuck Hall and Bert Williams' Abaco Independence Movement (AIM) [4] which attempted to make Abaco independent from the Bahamas, hoping to create a libertarian region. With the financial support of the Phoenix Foundation the AIM published a newsletter, The Abaco Independent . The plot was foiled by the independent Bahamas government. [1]

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