Abstract

Fascism Bankrupt

Benito Mussolini, the dictator and fascist of Italy, has endeavored in various ways to stem the multiplying difficulties. He has reduced state salaries, including those of army officers, and he has compelled private industries similarly to reduce their pay rolls. He has authorized the adoption of a new commercial code providing extreme penalties for business men, bankers, and others who conduct their affairs or publish statements or statistics concerning their businesses in any way that Mussolini may deem detrimental to the larger economic interests of Italy. He has, finally, combed the money markets of the world for financial help to bolster up the now sagging system, but the international bankers have turned the other way when Mussolini's agents have come begging.