Word: lire
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Dates: during 1920-1929
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According to the July issue of Commerce Monthly, Italy's finances have recovered astoundingly under the drastic Fascist rule. Politics have been pretty thoroughly eliminated from the Italian Ministry of Finance. The deficit was estimated at 4,000,000,000 lire last November. The actual deficit will be only 1,000,000,000 lire...
...dramatic yet genuinely constructive policies of Mussolini have advanced rates for Italian lire. Belgian and French francs have also continued strong. Fewer Bank of France notes are now outstanding than when the French armies entered the Ruhr. This is in the strongest possible contrast to Germany, whose currency now aggregates nearly five trillion marks through the colossal addition last week of 683 billion. The German $50,000,000 "loan" failed dismally, German industrialists evidently holding completely aloof...
Fire destroyed the Central Post Office in Rome, causing damage to the extent of more than 5,000,000 lire. Communications with northern Italy, France and England were interrupted for many hours. Five hundred telegraph instruments were destroyed, but there were no casualties...
...four courts of cassation, four courts of appeal, 57 tribunals, and 550 minor courts. ¶Premier Mussolini in a statement to the members of the Cabinet said that the revision of the estimates of the Ministries of Finance and the Interior had effected a saving of 512,000,000 lire. ¶The parliamentary committee of investigation of war contracts issued its second report. It was stated that many firms were paid for goods that were never delivered, that some bills were paid twice, that many companies never repaid capital loaned by the State. In all, the committee estimated that many...
...terms of pay and promotion have a communistic clause. Officers and soldiers will receive the same rates of pay as for corresponding ranks in the Army; but all ranks will receive 900 lire a month on active service, the Government holding that " the life of a soldier is of the same value as the life of an officer...