Word: mussolini
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...During the week, President Coolidge, Premier Mussolini, Marshal Foch, General Pershing, Edward of Wales, Thomas A. Edison, Foreign Minister Stresemann of Germany, Admiral Lord Beatty of Britain, and many another, appeared in the East Room of the White House and made speeches?in a special Movietone performance...
Italy & Spain. Both these "constitutional monarchies" have relinquished the once democratic form of their parliaments and reduced to a mockery the prerogatives of their kings. Signer Benito Mussolini, as Dictator of Italy, and General Don Miguel Primo de Rivera, his prototype in Spain, have now so claw-hooked their authority into the texture of law and politics that the only combative weapons left to their enemies are assassination and revolution. Both statesmen have successfully spurred their countrymen to strides and leaps in material progress. They are the fashion plates aped by all modern personal autocrats. Examples: President Mustafa Kemal Pasha...
Signer Benito Mussolini abandoned, last week, his most heroic financial policy: the attempt to increase the value of Italian paper money until it should stand at par (TIME, Sept. 13, 1926 et seq.). Admission that this policy is impracticable was shrewdly avoided by Il Duce up to last week, when he found a way to mask failure behind a dazzling cabinet decree. This document, issued with a triumphal flourish, establishes the lira on a gold basis? not, however, at par (five lira to the dollar), but at 19 to the dollar, the new ratio being slightly lower than the ordinary...
Having aimed at a par of five and made a bogey 19, Signer Mussolini alibied: "Further revalorization would be possible but undesirable. . . . The level of revalorization already reached. . . . is most satisfactory. ... It corresponds to the gold index of world prices and represents the point where all interests of the State and of individuals find a fair equilibrium...
Restoration of the British pound to par required titanic sacrifices and was a sort of financial hole in one. France has no more than aimed at the British score, content with mere de facto stabilization of the franc (TIME, Jan. 3, 1927). Therefore Signer Mussolini did well, last week, when he pocketed proud hopes of setting the lira up beside the pound. Italy, a young kingdom with cheap labor for its chief resource, cannot match an accomplishment which is straining even the strong sinews of the British Empire...