The article reports on a trade agreement between the U.S. and Brazil signed during the week that ended on July 12, 1941, according to which the U.S. would buy surplus raw materials from Brazil.
INTERNATIONAL trade, COMMERCIAL treaties, GOLD reserves, GOLD standard
Abstract
This section offers news briefs on world business. The German foreign trade has been affected by the U.S.-Brazil trade deal. The Japanese government decided to officially devalue its gold holdings in order to meet international payments. The U.S-Brazil trade deal involving gold standards will benefit Brazil because the Brazillian currency will be pegged to the dollar.
UNITED States politics & government, 1889-1893, RECIPROCITY (Commerce), COMMERCIAL treaties, POLITICAL corruption -- Law & legislation
Abstract
This article focuses on prevailing political conditions in the U.S. and around the world, as of November 19, 1891. Brazil has accused the U.S. of deception in the obtaining reciprocity agreement with it. In the first place, there is no doubt whatever that the Brazilian Government went into the reciprocity agreement upon the distinct understanding that it would be given advantages in the matter of sugar which Cuba was not to obtain. Another development focuses on the demand for extension of provisions of Corrupt Practices Act by the Democrats in the U.S.