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...plans for a 140-mile railroad and a dock, arranged to seek a U.S. Export-Import Bank loan, and hoped to produce $50 million worth of manganese a year. To date, Brazil's nationalists have refused to give the go-ahead signal. At the Urucum manganese mine near Corumbá, on the Bolivian border (which could produce an estimated 500,000 tons annually, earn $20 million in foreign exchange for Brazil), a U.S. Steel Brazilian subsidiary has been waiting four years while patriots argue whether it is too risky to have foreigners that close to the border zone...

Author: /time Magazine | Title: BRAZIL: In the Red | 9/1/1952 | See Source »

...landlocked Bolivia. With a 30-man entourage, Brazil's President Eurico Caspar Dutra flew to the Bolivian town of San José de Chiquitos for a meeting with Bolivia's President Enrique Hertzog. The occasion: the opening of a Brazilian-built railroad connecting San José with Corumbá, Brazil-part of a system that will eventually stretch 2,500 miles across the continent from Santos to the Chilean port of Arica...

Author: /time Magazine | Title: THE HEMISPHERE: The Open Road | 9/6/1948 | See Source »

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