Word: volpi
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Premier Stanley Baldwin, answering a Liberal member's question, denied that Italy has granted secret political or commercial concessions to Britain in return for the very liberal treatment which Count Volpi received at the hands of Mr. Churchill when the terms of the Italo-British debt settlement were agreed upon (TIME...
Finance Minister Count Volpi entered the Chamber and crossed with quick nervous strides to the Ministerial Bench, where Premier Mussolini awaited him. The Premier shook his hand with vigor. The Deputies rose to their feet and cheered him. From the public galleries as many cives Romani as could squeeze in roared their approval of the Volpi-Churchill Italo-British debt settlement (TIME, Feb. 8, COMMONWEALTH...
...Count Volpi ascended the Tribune, spoke: "No nation has been vanquished and no nation has been victorious in our debt agreements with England and the United States. [Loud cheering, since the Italians consider Count Volpi, if not 'victorious,' extremely 'successful.']... With the fluctuations of the exchange, Italy's War debts once reached a figure almost ten times larger than that at which they are now set.... Our foreign liabilities are (theoretically) completely covered by German reparations under the Dawes plan...
...Count Volpi returned to the floor. Of the deputies, 224 voted to adopt the Italo-British settlement. One Communist Deputy voted contra populum. With unusual magnanimnity his Fascist peers forebore to assault...
...amount of aid supplied to British troops by Italy" and other intangible factors. Two weeks ago, honest Italians considered the alleged original Italian total offer of 380 million pounds too high; and honest Britons felt the alleged initial British demand of 580 million pounds too low. As Count Volpi put it, in his now famous "favorite English sentence": "It all depends on how you look at it." 2) The Churchill-Volpi fiscal deal was persistently rumored last week to be only the visible cement of a British-Italian "understanding" with respect to mutual interests in the Near East. Diplomats opined...