DR WASHINGTON LUIS, who has succeeded Dr Bernardes as President of Brazil. Carrying on the policy of stabilising the currency by contracting the paper money circulation, he has precipitated a credit stringency in the country which is causing a severe, though temporary, depression.
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Hawke's Bay Tribune, Volume XVII, Issue 57, 18 February 1927, Page 8
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43DR WASHINGTON LUIS, who has succeeded Dr Bernardes as President of Brazil. Carrying on the policy of stabilising the currency by contracting the paper money circulation, he has precipitated a credit stringency in the country which is causing a severe, though temporary, depression. Hawke's Bay Tribune, Volume XVII, Issue 57, 18 February 1927, Page 8
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