Word: brasilia
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Ever since they won independence, Brazilians have dreamed of a cool, gleaming inland capital far from the humid, colonial seaport of Rio de Janeiro. Last week, on a 4,000-foot plateau 600 miles northwest of Rio, the first buildings of the new inland capital of Brasilia were inaugurated...
...Another, Brazil's capital city of Brasilia...
...Warning. Snorted Rio's respected Correio da Manhã: "The title of President Kubitschek should be changed to Pharaoh of Brasilia." Cried onetime Finance Minister Eugenio Gudin: "A crime! Those factors of production wasted on the dream of a new capital will be missed...
...finance the $345 million city he authorized Novacap to speculate in Brasilia's residential land. He begged U.S. Ambassador Ellis Briggs for a Brasilia loan as a "personal favor," got $10 million from the Export-Import Bank...
...Brasilia's advocates acknowledge the immediacy of the criticism, reply that in the long run the future capital will have an opposite effect; i.e., by focusing Brazil's attention and energy on its vast, unexploited interior, the city will enrich the nation. Says President Kubitschek: "The hour has come-the start of a new era for our country...