ITALY: Volpi's Commission

For once the Fascist Government and its bitterest opponents were in accord. All Italy joined in showering farewells and good wishes upon the twelve Italians who are to negotiate the funding of their country's 50 billion lire ($2,000,000,000,) War debt to the U. S., under the leadership of Count Giuseppe Volpi* di Misurata, Minister of Finance.

As the Commission embarked at Naples aboard the Duilio, Italians considered it a good omen that Count Volpi is, strangely enough, "a self-made business man." His title was conferred upon him by King Vittorio Emanuele as...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!