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This is a detailed study of British influence in Brazil as a theme within the larger story of modernization. The British were involved at key points in the initial stages of modernization. Their hold upon the import-export economy tended to slow down industrialization, and there were other areas in which their presence acted as a brake upon Brazilian modernization. But the British also fostered change. British railways provided primary stimulus to the growth of coffee exports, and since the British did not monopolize coffee production, a large proportion of the profits remained in Brazilian hands for other uses. Furthermore, the burgeoning coffee economy shattered traditional economic, social and political relationships, opening up the way for other areas of growth. The British role was not confined to economic development. They also contributed to the growth of 'a modern world-view'. Spencerianism and the idea of progress, for instance, were not exotic and meaningless imports, but an integral part of the transformation Brazil was experiencing.
"A guide to the press of the United Kingdom and to the principal publications of Europe, Australia, the Far East, Gulf States, and the U.S.A.
This book uncovers the extent to which government policy in mid nineteenth-century Brazil followed the interests of the all-powerful coffee growing class. The testing ground for this question is monetary and banking policy, an area in which exporters and the Brazilian government were often at loggerheads. The development of the monetary and banking regime during the second half of the Brazilian Empire (1850-89) is examined in a chronological and thematic way. The book establishes two major points of historical fact: the peculiar nature of the monetary standard adopted in Brazil during part of the period, as well as the role of the Bank of Brazil therein. Additionally, the analysis broadens current knowledge of three of the major contemporary events in the financial sphere – the 1860 banking and corporate law, the Souto crisis of 1864 and the 1875 financial crisis that brought down Mauá’s business empire. This book will be of interest to academics, both as secondary literature for their own research and as material that could be used in class at the advanced undergraduate or graduate levels. It will appeal to those interested not only in Brazilian economic and financial history, but also to students of political economy in general.
In recent decades the Internet has played what may seem to be a unique role in international crises. This book reveals an interesting parallel in the late nineteenth century, when a new communications system based on advances in submarine cable technology and newspaper printing brought information to an excitable mass audience. A network of insulated copper wires connecting North America, the Caribbean, South America, and Europe delivered telegraphed news to front pages with unprecedented speed. Britton surveys the technological innovations and business operations of newspapers in the United States, the building of the international cable network, and the initial enthusiasm for these electronic means of communication to resolve international conflicts. Focusing on United States rivalries with European nations in Latin America, he examines the Spanish American War, in which war correspondents like Richard Harding Davis fed accounts of Spanish atrocities and Cuban heroism into the American press, creating pressure on diplomats and government leaders in the United States and Spain. The new information system also played important roles in the U.S.-British confrontation in the Venezuelan boundary dispute, the building of the Panama Canal, and the establishment of the U.S. empire in the Caribbean and the Pacific.