Word: kubitscheks
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President Juscelino Kubitschek, who assumed sole responsibility for the project many Brazilians still consider fiscal folly, did the honors with a series of firsts. He attended the first service and the first wedding in Architect Oscar Niemeyer's swooping, triangular Chapel of Our Lady of Fatima. With his family and chef he moved into Niemeyer's long, low Palace of the Dawn, acted as host at the first dinner dance, spent his first night in the sumptuous presidential bedroom, took the first bath in the sunken marble presidential bathtub...
Much government work will be done in Brasilia with Kubitschek in residence, but the airplane-shaped city (TIME, Dec. 30) is still years from becoming the Brazilian government's exclusive place of business. For last week's inauguration, 20,000 workmen toiled through the night under strings of temporary lights to make the palace, the chapel and a hotel ready for use. Sewer and water systems were installed; 80 miles of roadway were paved within the federal district, and 500 homes and six apartment blocks were nearly finished. Of the ministries and the thousands of housing units still...
After President Juscelino Kubitschek made José Maria Alkmim his Finance Minister 28 months ago, Brazil's economic position steadily slipped. The cruzeiro free rate dropped from 70 to 147 to the dollar. A 14 million-bag mountain of surplus coffee piled up, and so did the balance of payments deficit. The U.S. promised help -provided something was done about the fiscal chaos. Last week Kubitschek replaced Alkmim with Lucas Lopes, a brilliant engineer who masterminded Kubitschek's ambitious development plan...
...took political courage for Kubitschek to make the switch. Alkmim's policy of holding coffee off the market to exact higher prices succeeded mostly in giving the market to other coffee-producing countries, but it had great chauvinistic appeal to the powerful leftist nationalists. Lopes, 47, believes that heavy investment of foreign private capital is needed to boost per capita income. At the present rate of production growth, he says, "it would take slightly more than 20 years to reach the $400 per capita income level...
Disciplined and undissipated, the Brazilians played as if their national honor was at stake. And indeed it was. Back home, President Juscelino Kubitschek had postponed important political conferences, Vice President João Goulart adjourned the Senate, great crowds gathered in the public squares to listen to kick-by-kick accounts of the games. Well aware that their country was headed for a long spasm of mourning if they lost, the Brazilians never gave the Swedes a chance. They won going away, 5-2. And they headed for home confident of being welcomed as heroes-beyond any argument, the finest...