Irineu Evangelista de Souza, Viscount and Later Baron of Mauá, was born of a humble family in Arroio (Rio Grande do Sul State) 1813. When his father died, he left home at the age of 11 to work in commerce in Rio de Janeiro, where he gained great experience and learned English at the establishment of Richard Carruthers, a British subject.
In 1844, he was self-employed in the textile, but his farsightedness led him to the industry were he perceived that the future economic development of the country lay. In 1845 he purchased a modest workshop in the location of Ponta de Areia, Niterói and there installed a foundry and shipyard which by the following year was employing 300 workers. At the height of its activity the Company had 1,0000 workers and constructed ships (72 in all), cranes, windlassed, sugar mills and pipes for the Rio de Janeiro Gas Illumination Company, also founded by him. The organization of the Amazonas Navigation Company and construction of a submarine cable ship inaugurated by Emperor D.Pedro II were attributed to him. Mauá was also the founder of the second Bank of Brazil, the present one. Formerly, a Bank of the same name had failed in 1829. He founded and was president of the Mauá Bank, MacGregor & Co, which within a short time became the most important banking establishment. However his name definitely entering history with the construction of the first Brazilian Railway, the Mauá, inaugurated on 30th April 1854, Mauá also contributed to the founding of the Recife-São Francisco Railway and the Santos-Jundiaí Railway. He assisted in the institution of the D. Pedro Railway and the construction of the São Francisco Railway in Bahia State, In a way or another, Mauá was involved in any railroad project in Brazil. In 1867 Mauá commercial fortune was the greatest in the country, representing assets calculated at 105,186:879$000. The notorious financial crisis which hit Brazil from 1864 onward, a reflex of the European situation and caused by bad management of domestic affairs, led many firms, industries and banks into failure and among them the Mauá group. In spite of precautionary measures, the many commitments assumed and the always lack of assistance on the part of government obliged Irineu Evangelista de Souza to apply for a moratorium on his debts in 1875. Considering also, that most of the government idea at that time was against any kind of personal liberalism (Visconde de Itaboraí).
In the illustrious Brazilian's collosal accomplishment, the highest integrity was always taken for granted. His creditors were paid with the proceeds of the sale of his assets and property and even of his personal belongings such as houses, jewels, luxury articles, etc.
Mauá promoted the first surge of Brazilian industry an underwent the contingencies of all his forerunners. He was victimized by the country's culture and heritage. A country that had just left slavery times towards beliefs conception in all-state solutions.
The first Brazilian Railway man died in 22nd October, 1889 in Petrópolis.
The Baroneza, was the first locomotive to operate in Brazil, in the E.F.Mauá and its name was a homage to Mauá's wife
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