The first of Castro Placido decree took place on 26 JANUARY 1903, applying Brazilian law until the enactment of the sovereign state Constitution; considered valid all land titles issued by Bolivia or the state of Amazonas; defined the Portuguese language as official; and adopted the Brazilian monetary standard.
32.
Now the idea being floated by a few prominent Canadian economists _ possibly at the tacit urging of Canadian federal leaders _ is that North America must rally under a common currency in order to compete against the euro, which is becoming the monetary standard of an economically integrated Europe.