Word: mussolini
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Dates: during 1920-1929
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Called upon Premier Benito Mussolini Thomas W. Lament, partner of J. P. Morgan...
Premier Benito Mussolini stepped on his Finance Minister's toes when he unlocked the deadlock on the Bourse occasioned by Finance Minister De Stefani's decree against speculation. This immediately led to rumors of Signor De Stefani's resignation and it was presumed certain that the Premier would have to reshuffle his Cabinet before the next Parliamentary session; for, having virtually forced General di Giorgio, Minister of War, to resign (TIME, Apr. 13), and having accepted the resignation of the Under Secretary of War, it was conceded impossible for the Premier to sustain the loss...
...Bourse trouble was that the De Stefani decree limited the number of stockbrokers to about 33% of the existing total, thereby forcing many to liquidate their businesses and throw upon the market a large number of securities for which there were no buyers. Mussolini agreed to end this state of affairs by allowing all brokers to continue their profession, but he barred new ones from admittance to the Bourse until present numbers were reduced...
...Mayor of Tolmezzo, a village in the north, decided to place a commemoration tablet on the wall of a school at which Signor Mussolini taught some eighteen years ago. The Mayor was somewhat damped, surprised and pained to receive a telegram from the Premier...
...what was victory for the Premier was defeat for the Minister of War. Mussolini covered his own retreat to a better position, but left his rear guard, Di Giorgio, slain on the field. The virtual effect of the offer of delay was to withdraw the Reform Bill and General di Giorgio was prompt to resign. His resignation was accepted; and. Premier Mus- solini, who is also Minister of Foreign Affairs, became Minister of War ad interim...