Word: brazilianizing
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These international branch office and banking arrangements make TIME an especially easy gift for Christmas giving from one part of the world to another. A Brazilian, for example, without having to bother about an export permit, can enter a gift subscription for a friend in Australia by simply placing his order, accompanied by payment in Brazilian currency, with TIME'S Rio de Janeiro office. Furthermore, because such orders are airmailed to TIME'S branch printing points, gift orders received by December 10 can be fulfilled with TIME'S Christmas issue...
...while last fortnight many a Brazilian feared that constitutional government was in danger. President Dutra's own P.S.D. (Social Democratic Party) had splintered beneath him. In a highly significant local election last week, Fascist-minded Getulio Vargas, dictator for 15 years, and sallow Luis Carlos Prestes, the Communist he kept jailed for nine of them, had joined to get control of rich São Paulo State. To get some democratic backing against this alliance, Dutra had only one course, and he took it. He called on the opposition U.D.N. (National Democratic Union) Party for support. To steaming Bahia...
...economic field. Most Latin American nations are hungry for dollars, many have full-blown inflation. Colombia last week outlined to the Pan American Union planners a scheme for a $5 billion U.S. loan to finance industrialization of Latin America, stabilize local currencies. In Rio de Janeiro, U.S. -wise Brazilian Businessman Valentim Bougas urged Latin Americans to follow the ex ample of European nations, which met in Paris last summer to canvass their needs. Latin delegates, Bougas said, should get together at Bogota ten days before the conference "to discuss beforehand the Marshall Plan for South America." An other proposal that...
...powerfully built man with a scholar's face, Simonsen is not just a moneymaker. Intellectual as well as industrialist, he founded the São Paulo School of Economics, has written 17 books, including the definitive two-volume Economic History of Brazil. Recently he was elected to the Brazilian Academy of Letters. He is president of the Brazilian Red Cross, belongs to a hatful of foreign scientific societies. In the Senate, where he is regarded as the best-dressed member, Simonsen takes his work seriously. He seldom speaks from the floor, but puts in hard licks on committees. Currently...
...good many Brazilians are stumped by Simonsen's up-to-date economics, and even those who understand them do not always like them. But in hundreds of letters and telegrams that, by week's end, had flooded his fifth-floor, book-lined bachelor apartment in downtown Rio, he was applauded for his stand on the Marshall Plan. Some of the applause was for what he said. Much was for Simonsen, the Brazilian...