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Eduardo Barreiros and the Recovery of Spain$
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Hugh Thomas

Print publication date: 2009

Print ISBN-13: 9780300121094

Published to Yale Scholarship Online: October 2013

DOI: 10.12987/yale/9780300121094.001.0001

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We Never Thought That We Would Reach This Moment

We Never Thought That We Would Reach This Moment

Chapter:
(p.244) 31 We Never Thought That We Would Reach This Moment
Source:
Eduardo Barreiros and the Recovery of Spain
Author(s):

Hugh Thomas

Publisher:
Yale University Press
DOI:10.12987/yale/9780300121094.003.0031

This chapter describes the resignation of Eduardo from Barreiros Diesel. A proposal soon came from Chrysler that led directly to the conclusion of the struggle between the famous company of Detroit and Eduardo Barreiros. Eduardo was called, together by Chrysler's representatives, to discuss a new capital increase. The Barreiros family was still against Chrysler's idea and Eduardo said that the argument that it was necessary to raise the money was Chrysler's, not his. There was a clause in the agreement between Eduardo and Chrysler that restrained Eduardo from any kind of work concerned with motors or vehicles for five years. The text of the agreement said that, having obtained the appropriate permission from the government, the Barreiros family would sell their shares in Barreiros Diesel.

Keywords:   Spain, Eduardo, Barreiros Diesel, Chrysler, capital

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