ITALY: No Miracles Today

"Up to today not even President Hoover has been able to work [economic] miracles," said Prime Minister Benito Mussolini last week, "and he is the most powerful man in the world at the head of the richest country in the world." Facing // Duce in a respectful crescent sat Italian Capital & Labor, not metaphorically but in solemn fact. This was the inaugural session of the new National Council of Corporations.* It was to hear the Prime Minister's personal examination of Depression, his prophecy of when Prosperity will return.†

He whistled a...

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