Word: goulart
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...unfair that President João ("Jango") Goulart was thrown out of Brazil. He owned so much more of it than anyone else. The latest count last week, on the basis of still incomplete returns, gave Leftist Jango title to at least 1,900,000 acres, or roughly .1% of the world's fifth largest nation...
...Goulart's pet themes was sweeping agrarian reform. The man of the masses obviously meant every word he said about redistributing the land -but mainly to himself. Federal and state investigators have just started adding up the totals. When Goulart fled, he was believed on the verge of completing the biggest land deal in Brazilian rural history - the acquisition of $1,385,000 worth of land in Mato Grosso state near the Bolivian border. What he already had latched onto, say the investigators, marked him as a wheeler-dealer without parallel...
Better from Rio. Goulart first became a landholder in 1943, when he inherited a 3,520-acre ranch in Rio Grande do Sul from his father. But his genius was not apparent until his great teacher, Getúlio Vargas, returned to the presidency in 1951, and Jango went with him to Rio. Suddenly, Goulart found ranching and real estate highly profitable when practiced from the nation's capital. Items...
Taxes & Land. All week long, Castello Branco received a steady stream of bankers and businessmen, economists and social scientists-all those to whom the deposed João Goulart had often refused to listen. Out of the meetings came the broad outline of his program for Brazil. He intends, say his advisers, to encourage foreign investment, overhaul tax collection and increase revenues, limit inflationary bank credit, set up an independent central bank to control the currency presses. The government's wild spending will be cut and its mammoth bureaucracy trimmed to happier size...
Cleaning House. One obvious key to success is how wisely the new government cleans house. Under Goulart, leftist groups were nourished by government corruption. The large Communist labor unions lived off federal doles; Petrobrás, the state oil monopoly, spent billions of cruzeiros to bankroll the National Student Union and other extremists of the left. Last week federal "interventors" were in command of most of Brazil's labor unions and state enter prises, including Petrobrás. Meanwhile, the arrests and imprisonments by the new government continued with a grim purpose that sent shivers up many Brazilian spines...