Word: luize
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...Johns Hopkins, and has denied repeatedly that he is in the U. S. to seek refinancing of the debt. En route he stopped off for lunch with Mr. Lamont in Manhattan (TIME, Dec. 23), and after seeing President Hoover in Washington will return to Wall Street. If Finance Minister Luiz Montes de Oca should hasten from Mexico City to be in New York at that time, and several correspondents have predicted that he will, the weather would be getting thick indeed. At least the President-Elect has come straight to headquarters, cannot be accused of taking a correspondence course...
Finance Minister Luiz Montes de Oca's budget for the next Mexican year was recently published. He plans to pay the International Bankers an installment of 26,000,000 pesos ($13,000,000) on what is owed them, whereas in 1929 they received $17,000,000, and the year before $16,250,000. This drastic reduction is accounted for by the Mexican Government's enormous expenditures in putting down the Escobar Revolution and the consequent depletion of Treasury funds. As a Mexican satiric weekly said: "The bankers are silently howling for more money...
...Government of Brazil, which gave similar notice at the same time, encouraged the press of Rio de Janeiro last week to declare that Brazil will positively quit the League this year. President Washington Luiz was quoted as believing that the League is now losing its universal character and becoming sectional under the dominance of the Locarno Powers...
...there was inaugurated last week, President Washington Luiz, until recently Governor of the Brazilian State of Sao Paulo.* As President Luiz took the oath of office, before the Chamber and Senate in joint session, he became the eleventh Chief Executive of Brazil since the Brazilian Empire was overthrown in 1889. Brazilians and Portuguese reflected last week, with opposite emotions, that the King of Portugal was also King of Brazil until famed Dom Pedro, son of King Joao VI of Portugal, was chosen "Constitutional Emperor and Perpetual Defender" of Brazil in 1822. His son, Dom Pedro II, reigned as Emperor from...
Inaugural Unrest. No sooner was Senhor Luiz installed at the Presidential Palace, presumably to remain there until 1930, than 400 troops in the Brazilian State of Rio Grande do Sul mutinied, and necessitated the despatch of 1.000 federal troops to quell them. Skirmishing continued throughout the week, and recalled the virtual war waged by retiring President Bernardes during 1924-25 against various perpetually rebellious factions in the provincial states. The Government announced last week with regret that in view of this fresh mutiny the "state of siege" declared at Rio de Janeiro in 1924 to permit censorship of the press...