Word: brazilianizing
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...Italian good will flight had been a mild fiasco. To avoid appearing Fascist-minded, the Brazilian Government gave the fliers a cool welcome. Meanwhile, the Buenos Aires Critica, chief anti-Fascist organ of the Argentine press, decried the flight so bitterly that Argentina was omitted from the itinerary...
Minas Geraes, the most populous Brazilian State, still retained this week its popular Governor Benedicto Valladares. By decrees last week President Vargas completed his work of kicking out the governors of the other 19 States, replacing each with a federal interventor. Ex-Governor José Antonio Flores da Cunha of the State of Rio Grande do Sul was ordered tried on charges of having ordered $1,000,000 worth of munitions from Germany, recently, apparently had hoped to use them to right what he considers States' wrongs...
...Lately Brazilian exchange has weakened sharply, the milreis falling to 17.7 on the dollar last week. Observers have suggested that this was done deliberately by the Brazilian Government as an attempt to stabilize internal coffee prices and lower world prices. As recently as last fortnight Fernando Costa, rich Sao Paulo planter who is currently president of D. N. C. declared that D. N. C.'s crop control would continue. Last week, however, the Brazilian Government tired of playing Santa Claus, announced not only that production will no longer be limited but that the Brazilian coffee export tax will...
...prevent speculation, all Brazilian coffee exchanges were last week ordered closed. In Bogota, the Exchange Control Board of Colombia tightened up on foreign exchange and coffee exchanges buzzed. In the U. S., world's greatest coffee drinking nation, the New Orleans Exchange closed its doors and prices broke the full 1? daily limit on the New York Coffee & Sugar Exchange. By week's end December coffee options were down to 7?per lb. U. S. retail coffee prices remained unchanged, however, because it takes about a month for Brazilian coffee to reach the U. S. and not until...
...businessman, economist or politician in the U. S. gave credence to the notion, Europeans of high & low station suddenly became convinced that the recent U. S. efforts to stimulate business would shortly be climaxed by further devaluation of the dollar in order to raise internal commodity prices just as Brazilian coffee has lately risen internally on a depreciated milreis...