About Brazil: Records of the U.S. Department of State, 1960-1963
Description: A November 1962 memorandum details the issuance of 40 billion cruzeiros in new currency “to meet runs on commercial banks during the political crisis, gradually flowing back to the Bank of Brazil following the return of normal conditions.” The collection covers the period following the resignation from the presidency of Janio Quadros in 1961 and the succession of Vice President Joao Goulart, whose years in office were marked by high inflation, economic stagnation, and the increasing influence of radical political elements. The armed forces, alarmed by these developments, staged a coup on March 31, 1964, during the administration of U.S. President Lyndon B. Johnson.

Dates of Coverage: 1960-1963

Concurrent Users: unlimited

Other info: always proxy off-campus, provides full text

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