Ruthlessly resolved to force coffee prices up, Brazil's National Coffee Council continues to burn coffee (TIME, July 6). It announced last week that 6,565,641 sacks of coffee have been burned. It promised to burn by Jan. 1, 1933 a total of 18 million sacks each containing 132 Ib. of coffee. At approximately $6.50 per sack, $117,000,000 worth of coffee will have been turned to smoke and ash.
Never before have men burned so much that is good to drink. But desperate Brazilians are convinced that their course is shrewd, point to "favorable results already." By this they mean that Brazilian...
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