Word: aranha
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Dates: during 1950-1959
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Once, during an 80-day rebellion in 1925, a young gaucho leader named Oswaldo Aranha saved the town of Itaqui for the government by fighting off a rebel leader named Luis Carlos Prestes. Aranha spent the next year recuperating from a bullet-shattered leg, then went on to become a President-maker, a Cabinet minister for 12 years; he spent four distinguished years in Washington as Ambassador to the U.S., served once as U.N. General Assembly president. Rebel Prestes went on to become chief of Brazil's Communist Party, the hemisphere's biggest. Last week, while thousands watched...
...proud, burly, white-thatched Oswaldo Aranha presumably has one last chance at his lifelong ambition: to sit in Catete Palace, Brazil's White House. If he does not make it in the October 1960 presidential election he will be too old afterward. Last week, in his frantic bid, Aranha seemed ready to toss away a lifetime record of liberalism, internationalism, Western Hemisphere solidarity...
...Aranha probably has fewer enemies than any Brazilian in public life; virtually all politicos and parties like him; he has urbanity, intelligence, and political skill. But he has no political machine, and experts give him virtually no chance. Last week Aranha perhaps summed up his whole dilemma in one wistful phrase: "I am tired of second place...
...bank credit and tax reform. The two preceding Finance Ministers also drew up disinflationary programs, but inflation kept right on. What makes Gudin's prospects sounder is that President Café Filho is backing him up. Getulio Vargas failed to back up his men, Horacio Lafer and Oswaldo Aranha. While Lafer was tightening credit, the Bank of Brazil was loosening it; while Aranha was trying to curb prices, Vargas decreed a 100% increase in minimum wages...
Perhaps because it was so starkly realistic, Café Filho's speech was well received. Vargas' old Finance Minister, Oswaldo Aranha, who had gone along with some of Vargas' measures even though he knew better, commented that the President was "on the track of truth . . . We shall live again in order and equilibrium if this advice is complied with...