Word: brazil
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Dates: during 1950-1959
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...Guatemala and Honduras last week, voters went to the polls to elect their next . Presidents, and Brazil neared the end of the slow, complex tally (TIME, Oct. 18) of its off-year congressional vote. In all three nations, the overall pattern of results was reassuring for Western Hemisphere stability: with minor local exceptions, the voting was peaceful and orderly, and moderates and anti-Communists did better with the voters than extremists of either the left or right wing. The big winners: ¶ Brazil's conservative President Joao Cafe Filho, though not on any ballot, significantly bested the politically potent...
...last week's nationwide elections in Brazil, left-wing politicians hopefully predicted that the late President Getulio Vargas' bitter, demagogic suicide letter (TIME, Sept. 6) would bring them a clear-cut victory. But as the returns mounted up, it seemed likely that the No. 1 victor would be a man who was not even a candidate: Vargas' successor, Moderate Conservative President Joao Café Filho, who stood aloof from the pre-election politicking even though the health of his administration was clearly at stake...
...first sign that the people of Brazil were not especially wrought up by Vargas' dramatic exit was the small turnout. Even in Rio, where talking politics is a year-round pastime, only two-thirds of the registered voters cast ballots, and after the polls closed unused ballots littered the streets. In some cities the turnout...
...Under Brazil's archaic voting system, each ballot is sealed in a separate envelope at the polling place; tellers at the central counting stations must verify each envelope, open it by hand, and record the choices. There was a lot of recording to do: up for election were all 327 House of Deputies seats, two-thirds of the 60 Senate's seats, eleven out of 20 state governorships, and many lesser offices. In Rio's Maracana Stadium last week, 60 groups of election clerks counted away amid milling onlookers, nervous candidates, Coca-Cola vendors and party observers...
Humphrey's advice was seconded by witty, urbane Eugenio Gudin, Finance Minister of Brazil, who is now hoping to relax some of the tight restrictions against outside investors imposed by the late President Vargas. Gudin said underdeveloped countries must rid themselves of "three plagues . . . expropriation of foreign property without payment . . . inflation [and] nationalism." But he also had some advice for Humphrey and the U.S.: give the U.S. businessman an income-tax break on foreign investments. (At present, foreign profits are taxed twice−in the country in which they are made, and in the U.S.) Concluded Gudin: "After...