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...Lisbon scholarly Professor Antonio de Oliveira Salazar has been the ''Brain Trust" of President Antonio Oscar de Fragoso Carmona for six years. The President, a rough cavalry general with an intuitive knack of nipping revolutions, calls his regime pleasantly a "Dictatorship without a Dictator." Last July the Professor, long Finance Minister, was promoted to Premier. Together he and President Carmona have issued many queer but wise decrees. In more prosperous times they clapped terrific taxes on Portuguese industry, built up a strong Treasury reserve. Recently finding that bus competition was injuring the State Railways, the President was prompted...

Author: /time Magazine | Title: PORTUGAL: President & Professor | 7/24/1933 | See Source »

...seven years, while a series of revolutions have exploded and fizzled out beneath him, Dictator-President Antonio Oscar de Fragoso Carmona has sat tight in the saddle of the restless Republic of Portugal. While the world was paying little attention last week, and with Dictator Carmona's hand still on the reins, Portugal took an important step. Black-hatted townsfolk and barefooted mountaineers trooped to the polls to approve a proposed new Constitution for Portugal, providing for the election of the President by popular vote instead of by Parliament. It was the first time in five years that...

Author: /time Magazine | Title: PORTUGAL: Constitution | 4/3/1933 | See Source »

...franc last week was not serious. Shipping lines which had, used sterling rates followed, particularly on the Pacific Coast, the lead of the Pacific Coast-European conference, switched certain rates to the dollar. At week-end only one country could be said to be enthusiastically following the pound: President Carmona of Portugal took public note that the Portuguese escudo is pegged to sterling, recalled how lucrative are Portugal's sales (of Port wine, etc.) to Britain, made clear that the escudo will cling to the pound. This worried Spaniards. They sell to Britons sherry, etc. Anxiously Madrid foresaw that...

Author: /time Magazine | Title: INTERNATIONAL: Pound, Dollar & Franc | 10/5/1931 | See Source »

...revolution," announced General Carmona, "has been liquidated in blood...

Author: /time Magazine | Title: PORTUGAL: Liquidated in Blood | 9/7/1931 | See Source »

...days later two long lines of coffins passed through the streets of Lisbon. In the nine hours of fighting 80 people had lost their lives, 300 were wounded. Behind the flag-draped coffins of the loyal soldiers walked spry, spare General Carmona, his jaw clenched, his head up. Government officials announced that two leaders of the revolt, Major Sarmento de Beires (who flew to Brazil in 1927) and Col. Diaz Antunes will not face a firing squad but will be sent to disintegrate in swampy, fever-ridden Portuguese West Africa...

Author: /time Magazine | Title: PORTUGAL: Liquidated in Blood | 9/7/1931 | See Source »

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