Word: lire
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Dates: during 1920-1929
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...wearer the right to call Italy's King "cousin." Arrayed in such dignity but brusque as ever, Benito Mussolini last week strode up the marble stairway that leads to the damasked Hall of Congregations in the Vatican.* In his pocket was a Bank of Italy check for 750 million lire ($39,225,000) and a certificate for one billion lire ($52,300,000) of Italian State bonds. In the Hall of Congregations, standing beneath an exquisite ivory crucifix, Pietro Cardinal Gasparri, hands folded, waited to receive money and bonds and exchange formally with Signer Mussolini the State-&-Church reconciliation treaty...
...Rome last week Prime Minister Benito Mussolini raised the duty on imported wheat to 140 gold lire ($7) per metric ton. This tariff is nearly 100% higher than the rate effective in September of last year. Good news for Italy's wheat growers, it was sad news for bread-eaters and macaroni men; particularly sad for U. S. and Canadian farmers, who are still racing to dispose of surplus wheat crops (TIME, May 13). To Prime Minister Mussolini the development of wheat growing is more immediately important than cheap flour for his people. Half of Italy's trade...
Additional revelations of the week concerning the Church-State compromise did not alter its cardinal points: 1) The Government of Italy will designate a considerable plot of land around the Vatican and extending southward down the River Tiber as "The Papal State"; 2) An indemnity of one billion lire ($52,631,600) will be paid by the Italian Treasury to the Papal State, in compensation for lands seized from the Holy See in 1870. It was learned, last week, that Pope Pius originally wanted four billion lire. Concerning the limits of the new State, the Holy Office intimated that...
Fourth?That the Italian Treasury pay to the Papal Treasury 1,000,000 lire in reparation for the numerous seizures of Papal property...
...celebration of the "March" or Coup d'Etat whereby Editor Benito Mussolini became Dictator, he decreed, last week, inauguration of the following recently completed public works: new "Palace of Justice" in Messina, Sicily (cost some 20.000.000 lire); new Ministry of Marine and Ministry of Education buildings in Rome; new "Port of Rome" at Civita Vecchia (45 miles from the Capital); and two new commercial air services?respectively Rome-Syracuse-Tripoli and Rome- Genoa-Marseilles-Barcelona-Las Palmas, both routes served by 2,000 h.p. four-motored German super-Wahl seaplanes...