Vargas Era Vargas Era The Vargas Era (Portuguese: "Era Vargas"; ) is the period in the history of Brazil between 1930 and 1945, when the country was under the dictatorship of Getúlio Vargas. The Brazilian Revolution of 1930 marked the end of the Old Republic. President Washington Luís was deposed; the swearing-in of President-elect Julio Prestes was blocked, on the grounds that the election had been rigged by his supporters; the 1891 Constitution was abrogated, the National Congress was dissolved and the provisional military junta ceded power to Vargas. Federal intervention in State governments increased and the political landscape was altered by
Getúlio Vargas was growing. After four years, however, pro-US President Eurico Dutra wasted huge quantities of money protecting foreign, mostly US, industry, and distanced himself from the ideas of nationalism and modernization of the country championed by Vargas. Vargas returned to politics in 1951 and through a free and secret ballot was re-elected President of the Republic. Hampered by the economic crisis largely engendered by the policies of Dutra, Vargas pursued a nationalist policy, turning to the country's natural resources and away from foreign dependency. As part of this policy, he founded Petrobrás (Brazilian Petroleum), a large, multinational petroleum concern largely owned