Foreign News: Fecund Activity

The meek, cowed Cabinet of Prime Minister Benito Mussolini met last week for the first time since he sensationally "rotated" (dismissed) Finance Minister Count Volpi and several other most distinguished statesmen (TIME, July 16, 23). "My ministers are rotated," explained Signor Mussolini to his ministers, "when each accomplishes a cycle of fecund activity. . . . The cycle of Count Volpi as Finance Minister was completed with the stabilization of the lira on a basis of gold. ... He has immortalized his name." The new Finance Minister, Senator Antonio Mosconi, a Venetian aristocrat, was next...

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