Word: nonwar
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Dates: during 1935-1935
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This was done by adopting decrees under which Italians must convert all foreign investments into nine-year 5% Italian Government bonds; Italian corporations are limited as to their dividends and must invest in Government bonds all undistributed profits; and the State assumes a virtual trade monopoly by decreeing that nonwar purchases are in every case subordinated to those fulfilling war needs. Before Dec. 31, 1937 all Italian motor vehicles must be converted to burn substitute fuels, such as coal gas distilled en route from charcoal by the Fiat system. Two days after the Cabinet meeting Italian motorists found that...