Word: volta
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...Volta W. Torrey, managing editor of Popular Science and Stephen E. Fitzgerald, 25 former Fellows living in and around New York, inaugurated the new body. The chapter will conduct regular meetings with prominent newsmen not in the Society...
...spite of his chastening criticism, Dr. Tavares loves and believes in Brazil. "Brazil is the one thing I believe in," he says. He tells his readers of the west, where a League of Nations commission once said a population of 900,000,000 could support itself; of Volta Redonda, South America's biggest steel mill, and of the continent's fastest growing industrial city at São Paulo. Drawing on the studies of Brazil's social anthropologist, Gilberto Freyre, he shows that "there is less racial discrimination in Brazil than in any other country...
...gone over big; U.S. Treasury Secretary John Snyder liked Brazil and Brazil liked him. He had come to talk business in a country where U.S. investments of $611,000,000 are second only to Britain's. He had a chance to see, in a plant such as Volta Redonda (steel), the sort of thing for which the U.S. had put up Export-Import cash. When he talked, he talked straight. Brazilians...
...Soares has his answers: Volta Redonda's location, halfway between the port of Rio and industrial Sao Paulo, is ideal for distribution. The Paraiba River furnishes an ideal water supply. Limestone (a necessity in steelmaking) is mined near by. In time, Soares expects subsidiary industries to grow up around Volta Redonda, turn it into a Brazilian Pittsburgh...
...Could Volta Redonda compete with foreign steel? "Right now," said Soares, "we may need some kind of tariff protection. But in three years, when new ovens and converters are in operation and we are going full blast, we can compete in Brazil with foreign importations." Soares even has fond hopes of some day selling alloy steels abroad. "Volta Redonda," he says, "is the product of the collective will that will overcome all obstacles...