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Hunting License. The spirit of '32 has been rekindled by volatile "Jango" Goulart. After 2½ years of political zigs and zags and soaring inflation, the President last month lunged sharply left, seeking power in ways that deeply disturb and alarm many of his countrymen. Goulart has cut off all discount loans from the Bank of Brazil to politically unfriendly banks, has nationalized oil refineries and threatened to expropriate almost everything else in sight. He favors legalizing the Communist Party, is campaigning also for sweeping constitutional "reforms" that would enfranchise millions of illiterates, lift the constitutional...

Author: /time Magazine | Title: Brazil: The Spirit of '32 | 4/3/1964 | See Source »

...Goulart's most explosive moves to date was to decree an "agrarian reform" program to take over idle farmland along federal highways, railroads and reservoirs. The decree was sheer demagoguery, since the government has long had legal power to take over these lands, but has always lacked the cash to compensate the owners. To the peasants, Tango's loudly touted decree is simply a hunting license to grab the land. The government-sponsored, Communist-bossed National Peasant Confederation has even assured Brazil's peasants that the land decree "is an instrument that the peasants...

Author: /time Magazine | Title: Brazil: The Spirit of '32 | 4/3/1964 | See Source »

Military Manifesto. Many of Goulart's decisions of late have been urged on him by advisers who include leading Communists, notably Party Boss Luis Carlos Prestes. Thus after Jango advocated revision of the constitution last month, the Communist-run General Labor Command immediately obliged by threatening a general strike unless the reforms go through. A measure of the feeling on the other side came in Sao Paulo fortnight ago, when some 500,000 antileftists-largest rally ever assembled in Brazil-demonstrated their opposition to constitutional change...

Author: /time Magazine | Title: Brazil: The Spirit of '32 | 4/3/1964 | See Source »

Unruffled, Goulart insists that the ruling classes are wantonly distorting his "democratic" reforms. Indeed, he is no Communist. But he has relied so heavily on Communists and the far left that, willy-nilly, he is approaching the point of no return. So far he has been able to discount any likelihood of a coup by Brazil's studiously constitution-minded armed forces. But even the military has given him fair warning. Last month 73 retired "pajama generals," with 2,800 years of service among them, issued a manifesto labeling Goulart a "flagrant transgressor of the law," charged that under...

Author: /time Magazine | Title: Brazil: The Spirit of '32 | 4/3/1964 | See Source »

President Joao Goulart has just signed a decree doubling the monthly minimum wage for urban Brazilian workers to 42,000 cruzeiros, which is $68 on the official exchange rate and about $30 in actual buying power. The workers are glad to get the cash they need to chase rising prices, but the new move adds just another episode to the nightmare that businessmen must endure to survive in Brazil. Says William Jones, general manager of Remington Rand in Brazil: "Every executive here should read Through the Looking Glass at least once each week-especially that part where Alice is told...

Author: /time Magazine | Title: Brazil: How to Do Business Amid Chaos | 3/6/1964 | See Source »

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