Word: italianization
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Dates: during 1920-1929
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...which two and a half billion paper lire will be retired from the six and a half billion now circulating. Similar deflation will be continued, year by year, as an annual budgetary expense. Meanwhile the Banco d' Italia will be given special supervisory powers over all other Italian banks to compel them to accumulate a surplus equal to 40% of their capitalization...
...course this deflation of the lira will give rise to sweeping and painful industrial readjustments. For example: An Italian laborer now blows glass vases which are sold for 300 lire ($11.25). If the lira were restored instantly to par, the vase (still priced at 300 lire) would cost $57.90. No vases would then be bought by foreigners, and the laborer would be thrown out of work. Obviously, as the value of the lira increases, the price of the vase in lire will be lowered, but this type of readjustment always lags behind the rapid shift in international exchange, and therefore...
Signor Federzoni proposed nothing less than to suppress electoral government in every Italian city, town and village which enjoyed that privilege last week and to set up instead over each municipality a podesta (governor) appointed by the State. Since this measure was but an extension of the laws (TIME, Dec. 7), placing the larger Italian cities under podestas, the decree obtained at once the approval of Signor Mussolini, passed the Cabinet by a routine unanimous vote...
...plunged to death while returning from the first ascent ever made to the "hump" (1865). Prince Chichibu, perhaps superstitious, resolved not to return as did Lord Francis Douglas. Daring, the Prince proceeded straight over the hump (the Italo-Swiss frontier) and prepared to descend by the far more dangerous Italian route, necessitating straight drops by means of Alpine ropes of several hundred feet...
...this route, His Highness was informed, seven Italian guides and a priest ascended the Matterhorn in honor of a Catholic "Holy Year" (1901), Pious, they planted a cross and celebrated Mass on the Hag's topmost excrescence (14,780 feet). Intrigued, Prince Chichibu snap-shotted the spot on which was performed this (to him) heathen act of faith...