Word: lira
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...purpose of resuming the negotiations at Washington begun by M. Caillaux that M. Bérenger is leaving for the United States soon as French Ambassador, and we hope that when an accord is reached the French franc will follow the upward course of the Belgian franc and Italian lira...
...last week, a credit of $50,000,000 in Manhattan through the good offices of the ubiquitious J. P. Morgan & Co. The credit, Finance Minister de Stefani told the Chamber of Deputies in Rome, is to be used "as occasion demands" in checking fluctuation in the value of the lira, It was also clearly a measure assist him in reducing the fiduciary note circulation. This statement did not please the Deputies, who thought it a great pity that the Fascist Government should have recourse to foreign financing after having boasted that Italy was able to do without such...
...lire; while on Feb. 28, it was 19,871,000,000 lire, a decrease of 643,000,000 lire. He predicted that, by Apr. 30, the circulation would be reduced to 18,700,000,000 lire. All this, he? pointed out, increased the purchasing power of the lira...
...lira is worth approximately .0412 dollars at present...
...lukewarm adherents who will cast it off. The new Directorate which the Council meets to elect must be strong and disciplined." Italy's wheat crop has failed. This was evidenced when Roman bakeries started to bake the inferior war bread - now called pane popolare and sold for 1 lira 20 centesimi per kilogram (6 cents). The price of white bread advanced to 2 lire per kilogram (10 cents), owing to the advancing price of wheat. A party of, men, said to be Fascisti, broke into St. Peter's Catholic Club at Borsano, near Milan, threw all the furniture...