Word: duce
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...forbid that our boys in khaki will ever again be forced to go into action 3,000 miles from home. But would not diplomatic encouragement to Haile Selassie cause Il Duce to slow up a bit and realize that reason is more useful than the sword? A nation can always be boycotted into submission with less bloodshed and less cost than...
...Dictator, normally harsh, direct and plain, deliberately engaged with President Litvinoff in an exchange of views on the Ethiopian issue so vague, involved and fuzzy that Geneva minions could not figure out whether Il Duce meant that Italians would appear in the Council this week...
...major moves by which Benito Mussolini jacked his country above the status of a second-class power was to put the lira, previously a wobbly joke currency, squarely on gold (TIME, Jan. 2, 1928). Soon at Pesaro the Lira Monument was reared, cut deep with II Duce's promise to defend the gold lira to the last drop of Italian blood. Since then nothing has occurred to convince the Dictator that any other statesman who inflates, debases or trifles with currency values is not dead wrong. Last week with U. S. President Roosevelt, British Prime Minister Baldwin and Japanese...
...Paragraph I of Article IV of the Royal Decree of Dec. 21, 1927 not even II Duce himself could reduce the gold cover behind Italy's lira below 40%. Last week the purchase of war supplies had piled up at the Bank of Italy half a billion lire ($41,250,000) worth of bills on which foreign munition makers demanded prompt payment. To have sold enough lire on foreign exchange to meet these bills would have broken the market for the lira, forced its devaluation. This could be avoided by paying out half a billion in gold from...
...Mussolini find themselves opposed in blood and bone to the methods of one born with the gold spoon of Hyde Park in his mouth. Their purposes are to keep their monies firm on gold and to make cheaper the necessities of life. In Italy these many years, Il Duce has been hoeing this hard row, and last week Premier Laval joined him. Of the 28 new French emergency decrees, eight seek to make necessities of life easier to buy, and the other 20 effect economies and new taxes designed to balance the French budget...