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From Senegal they pointed the bright tip of the Nungesser-Coli at the heart of the ocean, determined to pierce it from St. Louis, Bengal, to Port Natal, Brazil. Deftly they parried sly thrusts of gusty wind. Persistently they pointed their rapier at the mark. After an 18-hour battle, the Atlantic had been run through. The bright tip of the Nnngesser-Coli emerged over the night-shrouded field at Natal. France had had satisfaction...

Author: /time Magazine | Title: AERONAUTICS: Satisfaction | 10/24/1927 | See Source »

Having already experimented in the Philippines, Burma, Mexico, Mr. Ford despatched Professor Carl Larue of the University of Michigan to investigate last year in Brazil. Professor Larue reported favorably. Then Mr. Ford asked for and received a concession of between 3,000,000 and 4,000,000 acres in Para, in the Amazon Valley, a black jungle along the Tapajos River, that crawls all the way from the River of Doubt to the Xingu River. Soon boa constrictors will slip down into the jungle centres; monkeys will set up a great chattering. Black Indians armed with heavy blades will slash...

Author: /time Magazine | Title: Business: Ford Rubber | 10/24/1927 | See Source »

Capitalized at $1,000,000 by Henry Ford, Edsel Ford and a few others of their organization, the Companhia Ford Expansao Industriale de Brazil agrees to plant a portion of the entire acreage in rubber every year until the whole jungle is industrialized. A fleet of steamships will make regular trips from the U. S. to Brazil. In time, a fleet of airplanes will do likewise...

Author: /time Magazine | Title: Business: Ford Rubber | 10/24/1927 | See Source »

...that all countries should automatically receive equal tariff treatment. But this does not mean that the treatment between two countries can be equal, because of the difference in purchasing powers, price levels, commodities, etc. In illustration of this the U. S. note pointed out that 95% of imports from Brazil are admitted duty free, but that a large proportion of exports to Brazil have to pay a "very solid rate of duty." It is therefore held that Brazil, in extending most-favored-nation treatment, is not obliged to admit an equivalent amount of U. S. goods free because...

Author: /time Magazine | Title: FRANCE: Tariff Deadlock | 10/3/1927 | See Source »

...TIME (Sept. 26) that "the U. S. tariff law does not permit most-favored-nation treatment." This should be read as meaning "on the principle of reciprocity." The U. S. has concluded most-favored-nation treaties with Hungary, Estonia, Germany. Negotiations for similar treaties are under way with: Brazil, Czechoslovakia, Poland, Finland, Latvia, Guatemala, Norway, Sweden, Switzerland, Austria, Jugoslavia, Honduras. Modus-vivendi agreements extending most-favored-nation treatment are in effect with: Albania, Brazil, Czechoslovakia, Dominican Republic, Finland, Greece, Guatemala, Haiti, Latvia, Lithuania, Nicaragua, Poland, Rumania. Turkey...

Author: /time Magazine | Title: FRANCE: Tariff Deadlock | 10/3/1927 | See Source »

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