Word: kubitscheks
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Dates: during 1950-1959
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When President Juscelino Kubitschek finally left his office at 9 p.m. at the end of his first full day on the job, tired Catete Palace staffers hopefully predicted that the hectic pace would soon relax. But all week long the President kept getting to his office at 7 a.m. and putting in 12-to-14-hour working days. By week's end, those who survived Kubitschek's brisk new-brooming had just about decided that the change in Catete's easygoing tropical routines was permanent...
...make much headway, Kubitschek & Co. will have to attract a lot of foreign capital to Brazil. Again and again during his preinauguration tour, Kubitschek stressed that his administration will welcome foreign investment. For the power and transportation sectors of the program, the administration will also need development loans from the U.S. Government. Urgently needed is U.S. aid in refunding Brazil's existing foreign debts so as to lessen the yearly bite. Just at inauguration time, the U.S. Export-Import Bank announced equipment loans totaling $55 million to Brazilian government-run enterprises ; obvious in the timing was Washington...
Racking Task. Piled atop his economic problems, President Kubitschek has a full share of political worries. Within the armed forces, the "preventive revolution" left resentments strong enough to be troublesome if the government stumbles. Vice President Goulart, powerless under the constitution to do anything more than preside over the Senate, is likely to go his own political way, looking ahead to the 1960 election. Kubitschek is still under suspicion, in Brazil and abroad, of having made some kind of election deal with the Reds; anything he does or says that relates to Communism will be examined for signs that...
...problem of political payoffs proved worrisome to Kubitschek even before his inauguration. In making up his Cabinet, he had to consider the claims of political allies and his need for strong congressional support. What emerged after many hours was a line-up that seemed somewhat oldish and politico-ridden for a new administration with a dynamic program. Snapped Rio's Correio da Manhã: "Faced with the choice between a great Cabinet and Congressional majority, Senhor Kubitschek chose the latter." In at least two key Cabinet posts, however, Kubitschek placed his first choices: as Finance Minister, shrewd Federal Deputy...
...keep his campaign promises in spite of all his political and economic harassments will be a racking task even for a President with Juscelino Kubitschek's energy. But he seems confident that he can deliver, just as he did in Minas Gerais. "I take office," he said last week, "with a serene conviction that I can and will be a good President for my country...