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Word: syndicato (lookup in dictionary) (lookup stats)
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Germans in Brazil own textile factories, dye works, paint & chemical plants, machine and tractor factories. They run retail establishments, hotels and restaurants up & down the country. The German-owned airline, Syndicato Condor, operates down the Brazilian coast to Buenos Aires, across the Andes to Santiago. It also runs a profitless branch line to Xapury, 2,000 miles up into the Amazonian wilderness. Germany tried to underwrite a huge Brazilian steel industry, but was outmaneuvered by Washington, which last week was waiting for approval from Rio of a $17,000,000 Export-Import Bank loan...

Author: /time Magazine | Title: SOUTH AMERICA: Awake at Last | 6/24/1940 | See Source »

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