Word: lira
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...Biaggi, Swiss Consul General at Genoa; and Professor Alessandro Groppali of the University of Parma. They were jailed last week on sealed charges. Allegedly the President and the Professor had misused their influence as prominent Fascists to abstract quietly from the recently bankrupt Bank of Parma many a golden lira. The detention of these particular gentlemen was notable. All are intimates of Roberto Farinacci, recently deposed as Secretary General of the Fascist party, because of his arbitrary and ruthless extermination not only of the foes of Fascismo but of his personal enemies as well. That the new Fascist Secretary General...
International Business has reached, for the first time since the war, the level of 1913. ... As a matter of fact, the weakness of the franc and lira is not by any means a symptom of any prevalent European infirmity; it is simply the last vestige of prolonged convalescence. Sterling exchange was well able to stand the strain of the recent general strike and there has been a steady gratifying recovery of Scandinavian, Dutch, Japanese and other important exchanges, despite the loud clamor for "managed currencies" and other fiscal "quackery."-Dr. Julius Klein, Director of the U. S. Bureau of Foreign...
Italy. The Italian Government relaxed its support of the lira, which promptly sank from 4c, where it has been "pegged" artificially for over a year...
...roistering infuscate U. S. sailor seated himself with a crash upon one of the shaky iron tables in front of Florian's, most famous of the cafes facing the Piazza San Marco, Venice. Pulling out a wad of 100-lira notes, he tore them one by one across the middle, chanting full-throatedly: "She smacks me, she smacks me not!" Vexed at this insult to the national currency?this tactless hint that it was worthless?angry Venetians closed in upon the sailor, pummeled him, tweaked his broad nose, sought vainly to tug at his woolly hair...
...fine way to pacify them! . . . I visited Enrico Caruso's tomb while in Italy, and was surprised to find his perfectly embalmed corpse lying in a glass sarcophagus, clad in evening clothes. . . . He almost appeared alive. . . The attendant who raised the American flag which covered the sarcophagus demanded one lira (4�) as his fee. . . . I am sure that this traffic is not sanctioned by Caruso's widow...