Note 8 — Chapter IV · TRANSPORTATION
Reading edition
Message of Dr. Altino Arantes to the S. Paulo Legislature, July 14, 1916:
“Foreign capital flowed here in search of convenient employment, but, instead of being destined to new enterprises in the development of the great latent wealth of our State, it was localized in railways already prosperous, whose income and control are by way of being totally alienated, with grave prejudice and serious threats to the future of our State....
“It would be, in truth, blamable want of foresight to allow what is our own to pass to strange hands, when we created it at the cost of our best efforts, constituting thus the most worthy exemplification of our industry and our energy.”