Word: rios
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Tackling the mess headon, Dantas, Goulart and Economic Planner Celso Furtado (architect of the ambitious development plan for Brazil's blighted northeast elbow) ended costly subsidies on imports of wheat and petroleum, even though high-test gasoline prices immediately doubled. They raised the fare on Rio commuter trains from 3 mills to 1½?. They limited bank credit, froze steel prices at the government-owned Volta Redonda plant, and persuaded auto, truck and clothing manufacturers to hold the price line. Goulart, who rose to power as labor's pal, even promised a group of industrialists that he would...
...America's most distinguished statesmen, temporarily out of work: Juscelino Kubitschek and Alberto Lleras Camargo, former Presidents of Brazil and Colombia. For three months, they went their independent ways, studying reports, conferring with Alliance officials, huddling with economists and politicians in Latin American capitals. Then they met in Rio de Janeiro to compare notes. They disagreed on some major points...
...have authority to establish Alliance priorities, approve projects, coordinate with government spending, help arrange commodity agreements and currency stabilization. Advising the parliament would be a staff of experts, patterned after the European commission (now OECD) that coordinated Marshall Plan aid. "Without such a mechanism,'' said Lleras in Rio, "the Alliance becomes just a presentation of petitions to a sole financier, the U.S., which seems to reserve for itself the right to condition aid to special circumstances in its relations with interested countries...
Another View. A hemisphere-wide parliament may help, but recently another critic of the Alliance proclaimed that the Alliance's failings go deeper than mechanics. "The Alliance for Progress is dead," said Archbishop Dom Helder Camara, 54, of Rio de Janeiro. "But I desire its resurrection." The archbishop's appraisal, taped on TV for rebroadcast in the U.S., might be too harsh. The Alliance shows signs of life in several countries-notably Venezuela, Colombia, Chile and El Salvador. Nevertheless, he believes that progress throughout Latin America has been halted by both U.S. and Latin American governments' excessive...
...Lleras suffered a cerebral hemorrhage in Rio, cut short his tour and flew to Baltimore's Johns Hopkins Hospital, where he was reported in good condition...