Ratified

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...

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