Word: vanoni
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Dates: during 1950-1959
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...area. Another $30 million will build eight power projects to increase southern Italy's electric generating capacity by one-sixth; the remaining $20 million will help private investors finance seven new factories (fertilizer, fruit processing, cement, chemicals and medicines, pulp and paper, woolens). Said Italian Finance Minister Ezio Vanoni: "We hope to merit other loans in the future...
These promising beginnings by Scelba's administration were somewhat obscured by headlines announcing a plan that has in it more of promise than of beginning. Budget Minister Ezio Vanoni addressed himself to Italy's very real problem: 2,000,000 unemployed, another 2,000,000 underemployed, a housing shortage of 15 million rooms. His solution, which Scelba's cabinet discussed until 2 o'clock one night last week, is a ten-year plan to invest $8 billion worth of private and public capital in building productive enterprises. The intention was laudatory, but the details vague. Particularly...
Last year, urged on by hard-headed ECA advisors from the U.S., Vanoni ordained a new deal. It provided simply that everyone concerned trust each other and tell the truth. Two months ago, their past sins forgiven and forgotten in accordance with the new law, the taxpayers of Italy filled out the government's new 16-page tax returns and shipped them...
Last week, without mentioning any names, Vanoni's ministry made public the results of the honor system: of 47 million Italians, only a million-odd admitted any taxable income at all; 730 admitted incomes over $16,000; only one lone Italian admitted making more than $320,000. His stated income: $704,000. "Which millionaire was it who told the truth?" asked one Milan newspaper, amid a nationwide chorus of cynical snorts and chuckles. With the persistence of Diogenes, newsmen finally identified the tower of honesty as Textile Manufacturer Gaetano Marzotto. Rome's // Tempo facetiously urged that statues...
...forest of deceit was not enough to soothe a treasury cuckolded once again for an estimated $1 billion of undeclared income. "We have succeeded in looking very silly," moaned one treasury official. With the sad air of a man once more calling a detective to watch his wife, Minister Vanoni promised a most thorough investigation...