Word: kubitschek
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Guests Without Hosts. Brazil's Jusce-lino Kubitschek, with Uruguay's Alberto Zubiria a guest in his plane, had planned to be back in Rio for a state visit by Argentina's Pedro Aramburu, but engine trouble delayed them in Peru, and bad weather stalled them in Santiago, Chile. Chile's Carlos Ibanez, however, was not on hand to greet them; on his way home the Chilean President had 1) run across Ecuador's Jose Maria Velasco Ibarra at the Guayaquil airport and dawdled over a glass of champagne, and 2) landed at Lima...
Burdened with debts and hobbled by a shortage of capital, Brazil urgently needs help from the U.S. Last week a mission headed by Engineer Lucas Lopes, who is President Juscelino Kubitschek's No. 1 economic-development braintruster, arrived in Washington from Rio to ask for massive loans from the U.S. Government's Export-Import Bank...
...Brazilians hope to get from Ex-Im: 1) aid in refunding part of Brazil's $1.2 billion foreign debt so as to ease the repayment strain during the next five years; and 2) long-term loans, actual or promised, covering a large part of the dollar cost of Kubitschek & Co.'s five-year "Power, Transportation and Food" development program. Kubitschek himself plans to make a straightforward appeal to President Eisenhower at the Western Hemisphere Presidents' meeting in Panama. Another Brazilian of distinction who will work for the Ex-Im loan is Rio's new ambassador...
...President talked of new hydroelectric projects, highway construction and agriculture, then came to the main point of his talk. Faced with growing public uneasiness over inflation and opposition claims that he is little more than a puppet manipulated by War Minister Henrique Teixeira Lott (TIME, May 21), Kubitschek assured his countrymen that he had "enough authority, energy and fighting spirit to guarantee a full five-year term which will not fall into the abyss of government marked by precariousness and instability." Raising his voice, he added, "From the people I deserve confidence, and I ask that they wait...
First political reaction to Kubitschek's speech was a general agreement that his frankness had succeeded where flowery rhetoric would have failed. But the opposition soon served notice that it was in no mood for a moratorium on criticism. Editorialized the anti-Kubitschek daily O Estado de São Paulo: "The people still hope for better days. It would be good if those better days come soon, before despair has won the souls of all. Patience has its limits-and hope is not eternal...