Word: brazilianizing
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...grade deposits in the world) pocketed away in the State of Minas Geraes. The Minas Geraes fields are within 200 miles of the coast and north of Brazil's great port, Rio de Janeiro. Coal for smelting is available in Santa Catarina and Rio Grande do Sul. The Brazilian Government had dreamed of developing its steel industry independently, but, finding the financial burden too great, it offered the concession to the highest foreign bidder. Interest lagged except in iron-hungry Germany, where the Krupp combine, according to the Brazilians, tried hard to get the monopoly. Hitler's commercial...
Last week the details were announced. The Export-Import Bank would lend Brazil $20,000,000, which with $25,000,000 to be provided by the Brazilian Government and private investors would be used to establish Brazil as an important steel producer, with smelting furnaces at the ore fields and a steel mill in the State of Rio de Janeiro. U. S. equipment and technical skill would be used, and the loan would gradually be retired when the plant began to produce...
...authoritatively for U. S. Youth, wean Youth from passing angry resolutions to sober discussion. Last week Author Christopher Morley's blonde daughter Louise (Bryn Mawr) started the ball rolling by introducing Mrs. Roosevelt at the I. S. S. conference. Up dashed an ink-black African and a swarthy Brazilian, presented Mrs. Roosevelt with a striped bedspread, a Brazilian student banner...
Germany last week jubilantly quoted the master & crew of the Brazilian freighter Magalhaes, just back in Lisbon from Southampton, as saying that that great British port was now "dead." The Magalhaes had waited there two weeks for a cargo, finally left without one when Germany announced her total blockade of the British Isles. In that time, the Magalhaes' master was quoted as saying, only one ship left Southampton with industrial products. Rail lines from the interior had been crippled by repeated air bombing. Most Southampton warehouses were destroyed or damaged. The King George V graving dock, only...
Five days were spent in the largest industrial city in South America, Sao Paulo. The group travelled from Rio in a special car supplied by the Brazilian government. Besides the customary visits to the important factories and conferences with business men and politics, the stay in Sao Paulo was marked by a basketball game with a local college--final score 15-3 with Harvard on the wrong...