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First Shoes. During the 18th century diamond rush in the inland plateau state of Minas Gerais, Diamantina was a rich, bustling city of 40,000 inhabitants. A local diamond magnate even had an artificial lake and several miniature ships built, so that his mulata mistress could ease her nostalgia for the sea without making the three-week muleback trip to Rio. By the time Juscelino Kubitschek was born, Sept. 12, 1901, the synthetic sea had long since vanished, along with the diamonds, and hillside Diamantina had shrunk into an uneventful, cobble-streeted town with a population of less than...

Author: /time Magazine | Title: BRAZIL: The Man from Minas | 2/13/1956 | See Source »

...Plinio Salgado, both considered deeply religious, vowed to clean up corruption. Juscelino Kubitschek and rich, Falstaffan Adhemar de Barros, both M.D.s, former state governors and practical politicians, vowed to raise living standards. Barros ran well ahead of Kubitschek in the big cities; Kubitschek piled up his plurality in the inland towns and farm villages, where the P.S.D. machine operated most efficiently, and where most of the voters had laid eyes on no other presidential candidate. The final count: Kubitschek, 3,077,411; Távora, 2,610,462; Barros, 2,222,725; Salgado...

Author: /time Magazine | Title: BRAZIL: The Man from Minas | 2/13/1956 | See Source »

Spreading put to heavy industry, the news was all of records and booming fourth-quarter sales. Inland Steel, Republic Steel and Pittsburgh Steel all had peak years, with earnings up as much...

Author: /time Magazine | Title: Business: Records All Around | 2/6/1956 | See Source »

...Clarence B. Randall, 64, who helped build Inland Steel (5,000,000 tons annually), steps down April 1 as chief executive. Randall has been devoting his great gifts to a crusade for freer international trade. He was head of President Eisenhower's 17-man Commission on Foreign Economic Policy, which in 1954 got Congress to take a few steps forward. Randall's latest job: a flying trip to Turkey as the President's special consultant to help a stout ally make economic sense. Inland's new boss: President Joseph L. Block, the founder's grandson...

Author: /time Magazine | Title: PERSONNEL: Changes of the Week, Feb. 6, 1956 | 2/6/1956 | See Source »

...Inland and its subsidiaries employ some 28,000 people. Its net income in the first nine months of 1955 was a record $36 million, $6.67 a share, compared with last year's $26 million and $5.25 a share on the smaller amount of stock then outstanding. Inland, which has paid dividends every year of its life except one (1933) last week declared a year-end dividend of $1.75 a common share, bringing 1955 payments to $4.25, or 50? more than...

Author: /time Magazine | Title: STATE OF BUSINESS: Needed: More Steel | 11/7/1955 | See Source »

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