The coffee institute inquiry

Abstract

The inquiry into the affairs of the São Paulo Coffee Institute which was inaugurated after the removal of General Waldomiro has been terminated by General Daltro, who affirms that it has been carried out “with exclusive regard for the truth, irrespective of persons.” Among his conclusions, he found nothing whereby any irregularities might be imputed to Murray Simonsen & Co.; the Bank of Brazil had derived “exorbitant profits” from exchange; and the Institute directorate had been careless of the interests of that organization, but not criminally so._Medeiros.