Brazil: Records of the U.S. Department of State, 1960-1963
This archive focuses on Brazil in the early 1960s. Sample documents include a report from Recife on the cultivation and export of pineapples, “especially in the states of Pernambuco and Paraíba,” as “an increasing source of foreign exchange for the Northeast.” 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.