Second presidency of Getúlio Vargas
Brazilian presidential administration (1951–1954) / From Wikipedia, the free encyclopedia
The second presidency of Getúlio Vargas corresponds to the period of Brazilian political history that began on January 31, 1951, after he won the 1950 presidential election by direct vote with 3,849,040 against 2,342,384 for Eduardo Gomes, becoming the 17th President of Brazil; and ended on August 24, 1954, with his suicide and the vice-president, Café Filho, taking office.[1]
Second presidency of Getúlio Vargas January 31, 1951 – August 24, 1954 | |
Party | PTB PSP |
---|---|
Election | 1950 |
Seat | Catete Palace |
Vargas' government was characterized by the creation of state companies such as Petrobras and the BNDES, but also by great instability, with staunch opposition from Carlos Lacerda and accusations of a coup and corruption. The culmination occurred with the Toneleiro Street shooting, a crime of which he was automatically considered a suspect by public opinion (he would later be cleared), resulting in his suicide 19 days later.[1]
During his term, Brazil's GDP grew by an average of 6.2%, more than the 4.3% average growth of his first term.[2]