Word: signoralli
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...acquire control of clean, smart, pedigreed industries. At present Mr. Aldred and his associates are the bankers for the firms which produce razors stamped "Gillette," silverware with the venerable Manhattan hall mark "Gorham," and U.S.-made motor cars bearing the nameplate "Rolls-Royce." Clearly this guest, this Signor John E. Aldred, was worthy of Italian observation. Especially so, because today the Manhattan financial house of J. E. Aldred is handling issues of dollar bonds totalling some $30,000,000, on the basis of which extensive expansion of the Italian hydroelectric industry is taking place...
...sense the projects envisioned before the luncheon in Milan, last week, interested observers turned to a report on the Italian hydro-electric industry which was issued recently by Signor Giacinto Motta, managing director of the great firm which produces 30% of the electricity used by Italians, namely the Edison General Italian Electric Co. of Milan. Brisk and explicit, Signor Motta keynotes thus...
...power plants must include not only hydro-electric but steam-driven generators. "We must mix the white coal [water power] with the black coal [thermic power]," declares Signor Motta, "[to] make up for the deficiency of water power in years of minimum rain fall...
...Italian electrical industry is grouped about 12 major holding corporations, of which the Edison Company of Signor Motta in Milan is the largest, with the Hydro-Electric Company of Piedmont second and producing 17% of Italy's electric power...
...immediate reply of Signor Mussolini to this frontal attack was a speech to his Cabinet Council in which he said that "If the State does not accept . . . the duty ... of integral preparation of future citizens ... it purely and simply gambles away its right to existence...