Word: italiana
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...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 half a billion lire ($26,300,000), which resulted in an eventual loss to the bank of seven times its capital. No charge was made against Financier Gualino when he was seized last week. His arrest was made not by police but by the Turin Fascist "political squadron." His name...
...Italy things have a way of happening suddenly. At the beginning of last week there were the "big four" banks: Banca Nazionale di Credito, Credito Italiano, Banca di Roma, Banca Commerciale Italiana. Then one evening Italian businessmen picked up their evening papers, were startled to learn that the first two of these planned a merger, that directors would meet to ratify the terms within four days. Although the banks are said to have conceived of the idea all by themselves, admittedly "encouraging and advising" the merger was the Fascist Government which has promoted many an industrial consolidation...
...Fund financed Lindbergh and Byrd in their undertakings. Fund money supported a weather service on the Pacific Coast, which the U. S. Government now runs. More money went to help the Royal Aeronautical Society (England), Aero-Club de France, Associazone Italiana d'Aerotecnica, Aero Club von Deutschland to collect and disseminate important technical information which otherwise would not be published. Syracuse University got $30,000 to develop aerial photographic surveying and mapping. For a flying laboratory in which to try out instruments which would permit flyers to go through fog and darkness went several thousand dollars; for prizes...
...Last week Sir Douglas announced the personnel (27 men) of this expedition, which sails next month on the Discovery, oldtime ship of the late Explorer Robert Falcon Scott. The Mawson purpose: to spend two years mapping Antarctica. †Navigazione General Italiana. These motor-ships, each propelled by two diesel motors, can run six months without stopping. ** In the Mexican fiasco over General Pancho Villa...
...Schroeder-Wentworth Associates of Glencoe, Ill., Charles Ward Hall of Buffalo, Heraclio Alfaro of Cleveland, J. S. McDonnell Jr. & Associates of Milwaukee, Brunner-Winkle Aircraft Corp. of Brooklyn. Foreign entries: De Havilland Co., Handley-Page Ltd., Vickers Ltd., Gloster Aircraft Co. and Cierva Autogiro, all of England; Societa Italiana Ernesto Breda of Milan...