Eurico Gaspar Dutra

Eurico Gaspar Dutra (Portuguese: [ewˈɾiku ɡasˈpaʁ ˈdutɾɐ]; 18 May 1883 – 11 June 1974) was a Brazilian military leader and politician who served as the 16th president of Brazil from 1946 to 1951.

Helped found the National Defense magazine in 1918, fought the uprising known as the "18 Fort" in 1922, in Rio de Janeiro, and participated, integrating the North Detachment, under the command of General Mena Barreto, of the fighting against an insurgency erupted in Manaus that radiated to Pará.

Appointed commander of the 1st Military Region (1935–1936), stood out in reaction to the communist movement in 1935, episode known as “Intentona Comunista”, occupying the post of Minister of War (1936–1945).

In 1947, he registered the appointment of Osvaldo Aranha delegate of Brazil to the United Nations (UN), the forfeiture of the Brazilian Communist Party (PCB), breaking off diplomatic relations with the Soviet Union (USSR) and achieved, in Petrópolis, the Inter-American Conference of Peacekeeping and Security of the Continent, which was attended by the U.S. president, Harry Truman.

Concomitant with the union repression and wage restraint, economic policy has gone through two phases: the former was liberal and sought to break with previous forms of intervention in the economy.

In 1947, under the guidance of the International Monetary Fund (IMF) a second phase, in which the exchange control was retaken, kept the Brazilian cruzeiro at high levels compared to the U.S. currency.

This policy discouraged exports, encouraging, on the other hand, the import of equipment, machinery and other inputs, excluding consumer goods, and favored the expansion of the manufacturing sector.

Dutra signs official documents during his inauguration as President of Brazil on 31 January 1946