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Three weeks in office had given President João Café Filho the inside details he needed to judge Brazil's economic plight. Last week, in an emotion-choked broadcast over all the country's radio stations, he laid the somber facts on the line. Brazil is in a "dreadful crisis," and the public has to face it. Revelations, all dated from the regime of Getulio Vargas, whose suicide brought Café Filho to power...

Author: /time Magazine | Title: BRAZIL: R--Austerity | 9/27/1954 | See Source »

...blame? Generously-for he was not a Vargas man, and became Vargas' Vice President only through a whim of politics-Café Filho said that "it is not to the point now to investigate origins or guilt." But the disastrous errors were, in fact, made by Vargas to keep the political support of 1) electricity consumers, 2) planters who demanded the high fixed price that, as an unintended result, forced coffee revenues down, 3) credit-hungry businessmen, and 4) wage-boosting labor...

Author: /time Magazine | Title: BRAZIL: R--Austerity | 9/27/1954 | See Source »

Perhaps because it was so starkly realistic, Café Filho's speech was well received. Vargas' old Finance Minister, Oswaldo Aranha, who had gone along with some of Vargas' measures even though he knew better, commented that the President was "on the track of truth . . . We shall live again in order and equilibrium if this advice is complied with...

Author: /time Magazine | Title: BRAZIL: R--Austerity | 9/27/1954 | See Source »

...Glass of Water. Last week President Café Filho went to the Chamber of Deputies to take his formal oath of office. As he stepped into the elaborate, gilded presidential elevator, he halted, and his eyes twinkled behind gold spectacles. "Just one moment, please," he said. "I must have a glass of water. I cannot go to Congress for the first time as President and start asking for water right off the bat. They'll think I shall never stop asking for things...

Author: /time Magazine | Title: BRAZIL: New Pilot | 9/13/1954 | See Source »

Moments later. President Café Filho made his first request of Congress-for "a few days to learn the new ropes of governing." This week he will hold his first Cabinet meeting to plan the recovery of troubled Brazil...

Author: /time Magazine | Title: BRAZIL: New Pilot | 9/13/1954 | See Source »

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