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...help of the Italian Military Attache, Colonel Perrone, for whose personal safety the Greek Government will be considered responsible. This inquiry to be concluded within five days of the acceptance of these conditions. 5) Capital punishment for all perpetrators of the crime. 6) Indemnity of 50,000,000 Italian lire (about $2,500,000) to be handed over within five days of the presentation of the Italian note. 7) Military honors to the bodies of the Italian officers when they are embarked on Italian warships to be taken to Italy. In conformity with Article 3 a portion of the Italian...

Author: /time Magazine | Title: GRECO-ITALIAN: Another Sarajevo? | 9/10/1923 | See Source »

...known whether the national lotteries, which bring the Italian Government an annual income of 329,000,000 lire, will be abolished by this Draconian Decree. It is not considered likely...

Author: /time Magazine | Title: Foreign News: Purity | 7/30/1923 | See Source »

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...

Author: /time Magazine | Title: Foreign News: National Finances | 7/16/1923 | See Source »

...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...

Author: /time Magazine | Title: Finance: Foreign Exchange | 4/7/1923 | See Source »

...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...

Author: /time Magazine | Title: Foreign News: Questions of Money | 3/31/1923 | See Source »

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