Word: signore
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Dates: during 1930-1939
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Every time Signer Grandi almost had the problem solved, bang would go something or someone-frequently Dictator Benito Mussolini. Two months ago, however, II Duce radioed to the World his basic love of Peace (TIME, Jan. 26). He has kept quiet ever since. Signor Grandi, working quietly with British and French undersecretaries, finally reached the point where he could bring to Rome last week in the role of "honest brokers" British Foreign Minister Arthur Henderson and First Lord of the British Admiralty Albert V. Alexander. After the very briefest visit, after a most cordial audience with Peace-Announcer Mussolini...
...delighted," telegraphed Mr. Henderson and M. Briand publicly to Signor Grandi. "With you we congratulate ourselves." In England the honest broking at Rome was widely hailed as the prime achievement of the Labor Government since the London Conference-Scot MacDonald and his cabinet having failed to accomplish nearly everything they have attempted since. In France, however, nearly the whole Press took a show-me attitude. French bankers prepared to loan Italy...
Until the text of the agreement is made public, it is impossible to discuss adequately the reasons which led to this seeming reversal of Signor Mussolini's aggressive policy. The present financial difficulties of Italy, however, were doubtless a factor in the situation. It was perhaps not wholly a coincidence that a large French loan to Italy was announced on the same day as the naval agreement: Also Signor Mussolini has no doubt come to realize that his chauvinistic attitude has done much to antagonize world opinion at a time when Italy is in need of foreign markets...
...will be interesting to see how the Italian people reaot toward this new policy. It is one of the defects of a dictatorship that it must breed a super-patriotism in order to justify its existence, and whether Signor Mussolini will be able to keep the attention of the Italian people focused on peaceful ends remains to be seen. Regardless of the validity of these speculations, however, the treaty is to be greeted as a further step toward the realization of world peace...
...richest man in Italy five years ago was Signor Riccardo Gualino, clapped into jail last week. Like the Courtaulds of England, the Gillets of France, the American du Ponts, Italy's Gualino reaped stupendous riches from the comparatively new trick of producing silk without silkworms. He became a billionaire-in lire. Only recently Billionaire Gualino was virtually sole owner of Snia Viscosa, the leading Italian artificial silk works. His philanthropies were on a scale approached by no other Italian. Sometime ago, when his affairs became entangled, "The Richest Man in Italy" was able to borrow from Banca Agricola Italiana...