BRAZIL: Life with Baby

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Last week, with a few new grey flecks in his crewcut hair, Baby was in Rio for a relaxing round of cabaret crawls and pre-carnival binges. Lounging in his suite at the Copacabana Palace, he boasted that business was better than ever now that the experts were gone. Actually, by slicing off a couple of his unprofitable enterprises, the U.S. advisers had done him a real service. His assets, he figured, were now higher than they had ever been. Said Baby: "1949 was a good year for me. Gross sales won't be far from $25 million when the figures are added up." Before he left Rio Baby hoped that $1,000,000 worth of new U.S. equipment would reach his Sāo Paulo brassworks, and that $2,000,000 would come through from Aluminium Ltd., of Canada. With the money he plans to open an aluminum smelter in Minas Gerais.

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