Word: lira
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Dates: during 1930-1939
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...noticeably waned. For one reason or another he handed over to the Prince of Piedmont the command of half the Italian Army. The pay of his own Fascist militiamen, who formed the regime's counter-revolutionary force, was suddenly reduced from eight lire (40?) a day to one lira, at the same time that the Army private's pay was increased from a few centesimi to a lira. Such dissident Fascists as Italo Balbo, Governor of Libya, and Dino Grandi, onetime Italian Ambassador to Great Britain, have lined up more or less openly with the Royal Family against...
...German mark is a questionable currency based on some microscopic amount of gold. The Italian lira is practically fiat money. The Russian ruble is a bootleg product. The French franc has had a precarious existence...
...Oxford Bernard Berenson met Trivialist Logan Pearsall Smith and his sister, Mary Logan Smith Costelloe, whom he later married. In Italy he found the land and the loveliness he had been looking for. He supported himself in Florence by taking tourists through art galleries at one lira per head, in mortal terror of being knifed by one of the local guides. In 1894 Berenson published Venetian Painters of the Renaissance, the first of four compact little books each of which furnished a Baedeker guide to principal masterworks and graceful, serious essays in handily numbered paragraphs on the artists of each...
...Italian gold reserves, drained by the Ethiopian campaign, have fallen to $212,000,000. Italy's adverse trade balance of $300,000,000 last year was the highest since 1930. This year's is still mounting. Exports have not fallen off materially, but the value of the lira has declined and as a consequence Italy has to pay more for the raw materials, such as coal, oil, which she cannot get at home. On the surface, her industry is prosperous. Heavy industry is making high profits from armaments but, on the other hand, last year's capital...
...Orsola Buvoli Mussolini, 23; their first child, a son, Guido; in Rome. Nine days before, Countess Edda Mussolini Ciano had given II Duce another grandson; five weeks before, Sylvia De Rosa Mussolini, Vittorio's cousin Vito's wife, had borne a son, Arnaldo, won a 1,000-lira bet from Orsola by having her baby first...