Pope Pius XI, whose tight little temporal realm has long been considered immune from depression, last week instituted retrenchments which may eventually save him $3,000.000 per year. First step: a pay cut for 1,000 church employes in Vatican City and Rome. Salaries above 1,000 lire ($82) per month will be slashed 10%; those above 2,000 lire 15%. Thus affected will be 22 resident cardinals who get 100,000 lire per year.
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