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Citizens of Santos went to their work and back to their homes last week in a thick and pungent fog. Economists did not mind the smell. In an effort to reduce Brazil's enormous stocks of coffee, a mountain of 530,000 bags of low grade coffee was piled up, soaked with oil and set alight. All day long the coffee volcano roared into the sky, darkened the heavens with the smell of a billion spoiled breakfasts...

Author: /time Magazine | Title: BRAZIL: Burnt Offering | 7/6/1931 | See Source »

...horseshoe that hangs in the navigation room of the great Dornier flying boat DO-X finally justified its presence last week when the ship roared across the South Atlantic and landed prettily at Natal, Brazil. It was seven months after she had set out from Lake Constance. Switzerland. The flight from Bolama, Portuguese Guinea, West Africa, whither the boat bestirred itself a month ago. was made in three jumps: a short one to the Cape Verde Islands where it remained nearly a week; a long and creditable one (1,400 mi.) to Fernando Noronha Island, 200 mi. off the Brazilian...

Author: /time Magazine | Title: Aeronautics: DO-X at Last | 6/15/1931 | See Source »

...state deepest bogged last week in a fiscal morass was Austria (see p. 23). Other governments painfully pinched for money by Depression were those of Newfoundland and Brazil (see below). But many a nation is not pinched. Last week Canada easily converted more than $600,- 000,000 worth of a series of Dominion bonds (totalling $1,084,800,000) into other series at impressive savings in the rates of interest. Fortnight ago Italy offered an internal loan of 4,000,000,000 lire ($210,000,000). Italian investors offered a total of 7,004,439,500 lire, a 75% oversubscription...

Author: /time Magazine | Title: Foreign News: Nations Must Live | 6/8/1931 | See Source »

...Brazil Moratorium? Year ago Sir Otto Ernst Niemeyer of the Bank of England reported on Australia, advised the Dominion merely to "retrench." In Buenos Aires last week correspondents were "reliably informed" from a Government source that Sir Otto would give Brazil a different piece of advice. His report would recommend, the correspondents were told, a "national moratorium" (postponement of payments) on all foreign obligations of Brazil's Na tional and State Governments. Sir Otto, although Vice Governor of the Bank of England, went to Brazil to oblige her chief British bankers, the House of Rothschild...

Author: /time Magazine | Title: Foreign News: Nations Must Live | 6/8/1931 | See Source »

...much he decided to stay. He learned jaguar-hunting from an Indian spearman, turned hunter himself. He has bayonetted many a "tiger" after cornering it with his dogs. He told Duguid a grim story: Siemel's brother, who lived with his wife and little son in Cuyaba, Brazil, had a German enemy. The German hired a gunman to shoot Siemel's brother in the back; he was a long time dying. Siemel is now with his friend, Capt. Vladimir ("Vovo") Perfilieff on the Matto Grosso Expedition in Brazil, making a cinema of jungle life and taking animals alive...

Author: /time Magazine | Title: Books: Tiger-Man | 6/1/1931 | See Source »

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