Word: gualino
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...richest man in Italy five years ago was Signor Riccardo Gualino, clapped into jail last week. Like the Courtaulds of England, the Gillets of France, the American du Ponts, Italy's Gualino reaped stupendous riches from the comparatively new trick of producing silk without silkworms. He became a billionaire-in lire. Only recently Billionaire Gualino was virtually sole owner of Snia Viscosa, the leading Italian artificial silk works. His philanthropies were on a scale approached by no other Italian. Sometime ago, when his affairs became entangled, "The Richest Man in Italy" was able to borrow from Banca Agricola Italiana...
Before three days were out Prisoner Gualino was arraigned before the Fascist Commission of the Province of Turin, sentenced to five years on the penal Island of Lipari "for having wrought serious and repeated damage to national economy...
...Signor Gualino, director and founder of the big Viscosa artificial silk works, which employ thousands of men and women, went recently to Mussolini and declared he must close all his mills unless he got working capital...
...Then I'll be arrested,' said Gualino. Gualino's tone so impressed Mussolini that he sent him back to Turin with 300,000,000 lire ($13,470,000) to carry on with. . . . Volpi was furious and sent in his resignation. Mussolini curtly told him he would be dismissed when the moment came. 'Then I'm a prisoner,' said Volpi, hero of the Italo-American debt settlement and multimillionaire. Said Mussolini: 'If you put it that...
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