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The Taubaté Agreement (Portuguese: Convênio de Taubaté), was an agreement signed on 9 February 1906 during the First Brazilian Republic between the presidents of the states of Minas Gerais (Francisco Antônio de Sales), São Paulo (Jorge Tibiriçá) and Rio de Janeiro (Nilo Peçanha), the main producers of coffee in Brazil. Foreseeing the harvest of a record crop, the agreement was signed in order to artificially maintain the high prices of coffee. Based on the principles of the , an intervention by the Federal government of Brazil was agreed for the benefit of the coffee growers in certain regions of the country.

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  • The Taubaté Agreement (Portuguese: Convênio de Taubaté), was an agreement signed on 9 February 1906 during the First Brazilian Republic between the presidents of the states of Minas Gerais (Francisco Antônio de Sales), São Paulo (Jorge Tibiriçá) and Rio de Janeiro (Nilo Peçanha), the main producers of coffee in Brazil. Foreseeing the harvest of a record crop, the agreement was signed in order to artificially maintain the high prices of coffee. Based on the principles of the , an intervention by the Federal government of Brazil was agreed for the benefit of the coffee growers in certain regions of the country. The agreement established minimum prices for the purchase of surplus coffee production by governments, that the export of inferior types of coffee was to be discouraged, the improvement of the advertising of Brazilian coffee abroad, the stimulation of domestic consumption and the restrictment of the expansion of coffee crops. Purchases would be financed by issues backed by external loans. In addition, the federal government was committed to the creation of the in order to stabilize the exchange rate, and thus, the income of coffee growers in domestic currency. The agreement started the first coffee price defense operation, which was made up of a policy of valuing the product and another of stabilizing the exchange rate. (en)
  • O Convênio de Taubaté de 1906 foi um acordo firmado entre os governadores dos estados de São Paulo (Jorge Tibiriçá), Minas Gerais (Francisco Antônio de Sales) e Rio de Janeiro (Nilo Peçanha) prevendo a colheita de uma safra recorde. Agregado dentro dos princípios da "Política dos Governadores", acordou-se uma intervenção do Governo federal em benefício da classe dos cafeicultores de determinadas regiões do Brasil. O convênio estabelecia preços mínimos para a compra do excedente pelos governos, que a exportação de tipos inferiores de café fosse desencorajada, que fosse melhorada a propaganda no exterior, que se estimulasse o consumo interno e restringisse a expansão das lavouras. As compras seriam financiadas por emissões lastreadas em empréstimos externos. Além disso, o governo federal se comprometia com a criação da Caixa de Conversão a fim de estabilizar o câmbio, e assim, a renda dos cafeicultores em moeda doméstica. O convênio deu início à primeira operação de defesa do café, que foi composta por uma política de valorização do produto e outra de estabilização cambial. (pt)
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  • The Taubaté Agreement (Portuguese: Convênio de Taubaté), was an agreement signed on 9 February 1906 during the First Brazilian Republic between the presidents of the states of Minas Gerais (Francisco Antônio de Sales), São Paulo (Jorge Tibiriçá) and Rio de Janeiro (Nilo Peçanha), the main producers of coffee in Brazil. Foreseeing the harvest of a record crop, the agreement was signed in order to artificially maintain the high prices of coffee. Based on the principles of the , an intervention by the Federal government of Brazil was agreed for the benefit of the coffee growers in certain regions of the country. (en)
  • O Convênio de Taubaté de 1906 foi um acordo firmado entre os governadores dos estados de São Paulo (Jorge Tibiriçá), Minas Gerais (Francisco Antônio de Sales) e Rio de Janeiro (Nilo Peçanha) prevendo a colheita de uma safra recorde. Agregado dentro dos princípios da "Política dos Governadores", acordou-se uma intervenção do Governo federal em benefício da classe dos cafeicultores de determinadas regiões do Brasil. (pt)
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  • Taubaté Agreement (en)
  • Convênio de Taubaté (pt)
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