THE PRAZO SYSTEM 205 



sists of the circumscriptions of Maganja da Costa, 

 Alto Moluco, and Baixo Moluco. In these 

 reserves there is no development going on by 

 private companies or individuals : a somewhat 

 surprising circumstance, considering the natural 

 advantages. I can find no explanation for this 

 except tliat for all practical purposes these 

 reserves are Government prazos. 



