Word: valentime
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...field. Most Latin American nations are hungry for dollars, many have full-blown inflation. Colombia last week outlined to the Pan American Union planners a scheme for a $5 billion U.S. loan to finance industrialization of Latin America, stabilize local currencies. In Rio de Janeiro, U.S. -wise Brazilian Businessman Valentim Bougas urged Latin Americans to follow the ex ample of European nations, which met in Paris last summer to canvass their needs. Latin delegates, Bougas said, should get together at Bogota ten days before the conference "to discuss beforehand the Marshall Plan for South America." An other proposal that Latin...
...buying agent for one of the biggest commercial truck deals in automotive history ($100 million for 53,000 trucks) is stocky, tanned Valentim Bouças (pronounced Bo-sas), International Business Machines' vice president in Brazil. He has made a fortune for himself and I.B.M. as a supersalesman and for years he has been an unofficial economic adviser to Brazilian Governments. Few businessmen have as many good contacts in Brazil...
Like many another Brazilian, Editor Borba still finds it hard to believe that the presidential elections scheduled for Dec. 2 will ever materialize. He charged General Valentim Benicio da Silva with engineering "the same political atmosphere as that of 1937 when Getulio [President Getulio Vargas] with the Army's consent . . . took over the Government." The General's prompt answer: trial before the Security Tribunal...
...Valentim Bougas of Brazil, President-Dictator Getulio Vargas' discreet financial negotiator, was active behind the scenes. Genial, foxy Sefior Bougas, a veteran of many conferences, tagged this one like the rest: "First comes the illusion, then disillusion, finally reality...
...Valentim Boucas, amiable financial adviser to President Getulio Vargas, was in Washington last week. He concluded an agreement which raised the price of wild Amazon rubber and shifted to the Brazilians the responsibility for producing it (TIME, Feb. 28). Also on his mind was the dubious postwar future of Amazon rubber...