Word: kubitscheks
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Dates: during 1950-1959
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...tired lines of three and a half months' hard work plain on his face, President Juscelino Kubitschek sat down at a polished oak table in Catete Palace behind a radio microphone one evening last week. He glanced down the table at the assembled members of his Cabinet, checked the time, then picked up a sheaf of papers and began to read what amounted to a nationwide appeal for patience and confidence. The slow, forceful voice was clearly heard and clearly understood: "This government took over with two main objectives: to fight inflation and to develop the country...
...Kubitschek's battle against inflation is still too recent to have achieved reportable results; the bulk of his speech dealt with development of resources. The President had bright news of Brazil's petroleum industry. In 1955, he recalled, the country produced 2,000,000 barrels of oil, enough for only ten days' use. This year the Bahia oilfields will pump out more than 5,500,000 barrels, enough to supply the country for a month (at the present rate of consumption). Next year production of 15 million barrels is expected. And, he announced, new exchange rates...
...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...
...President Kubitschek and some 200,000 other Latin American readers, who include politicos in and out of power, intellectuals, artists and industrialists, this issue of TIME will have a special significance. It marks the 15th anniversary of the founding of the airmail edition, the first of our four foreign editions...