ITALY: Feeding on Depression

As his own Minister of Corporations, omnipresent Benito Mussolini has a thumb in Italy's big industrial pies, a finger in her little ones. Last week he sharply curbed the few Italian capitalists who have figured out ways to beat Depression and are still making fairly fat profits. Through the docile Chamber and Senate, // Duce pushed a law barring private capitalists from enlarging their plants or building new ones without express permission from the State.

"Although a crisis halts new initiatives and investments," said the Premier, explaining this distinctly novel law—antithesis of the...

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