Archive Report
Archive Report
Brazil's Economic Riches and Deficiencies
A state visit to Washington by President Joao Goulart of Brazil in February will turn attention to the affairs of one of the most Important partners of the United States in the Alliance for Progress. Brazil is potentially a rich country, but it has long been plagued by economic and fiscal difficulties resulting in large part from its failure to develop its natural resources more fully and to diversify its production. Now Communist influence is growing ominously, particularly in the impoverished northeastern region where conditions have given Castroism strong appeal among the masses.
Francisco Juliao, founder of the Peasant Leagues active in that section, has avowed that he is a Communist and that he intends to “transplant the Cuban and Russian ...