Word: branco
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...preferred to flock to the beaches. The solemn salute of gunfire every ten minutes from Rio's forts went largely unnoticed. Thus, followed to the very end by the unpopularity that had been his lot in three years as an honest but uncharismatic President of Brazil, Humberto Castello Branco last week went to his grave at the age of 66, victim of a plane crash in the fifth month of his retirement. Said former Planning Minister Roberto Campos in a eulogy: "He had an aversion to easy promises and theatricalized results. He deeply dreaded creating false hopes...
Faith in Patience. When Castello Branco and current President Arthur da Costa e Silva (TIME cover, April 21) organized the 1964 military coup that toppled Leftist Joao Goulart, Brazil needed even more than truth. Communists and corruption were everywhere. The cost of living was climbing at the fantastic annual rate of 144% in Goulart's last year, and the Brazilian cruzeiro was barely worth the paper it was printed...
...Castello Branco knew how to give orders and have them carried out, but had difficulty in making them liked or understood. Within a year after his rise to power, his methods had cost his government its earlier popularity, and the doughty little ex-general withdrew even further into himself. "A soldier learns patience," he once told a visitor. "I am a patient man." Prohibited from succeeding himself, he willingly left the limelight after Costa e Silva's inauguration as President in March. He spent most of his time with his family, was seen now and then at the opera...
Costa says that he will continue Castello Branco's tight-money program-but not at the expense of development. In the Northeast, the government's regional development agency, called SUDENE, is luring new industry with special tax incentives and is helping build a $37 million potassium-fertilizer factory, a $44 million caustic-soda plant and an $11 million tire plant. Brazil is building the new $25 million, 15-story Panorama Palace Hotel on a Rio hill side overlooking Copacabana Beach; it will be Latin America's largest and lushest hotel. The massive 4,000,000-kw. Urubupunga...
Some fear that Costa may try to build too much, or that he will be more concerned with winning friends than winning the battle against inflation. He was no sooner in office than he counter manded a Castello Branco order and rehired-at least temporarily-1,500 surplus social security workers who had just been fired. He also suspended a special 15% profit tax that Castello Branco had put through, held up a fare hike on some government rail lines and hinted that he might even double the country's minimum wage to $148 a month. But the military...