ITALY: Peace Declared!

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Two bold blunt aims of Benito Mussolini's "Four-Power Pact" as originally announced (TIME, April 10) were partial revision of the post-War treaties and gradual granting of arms equality to the defeated nations. Last week, emasculated beyond recognition. Il Patto a Quattro was ready to receive the squiggled initials (not signatures) of Il Duce and the ambassadors in Rome of Britain, France, Germany. Because Il Patto is the first treaty of world importance hatched by Benito Mussolini since he made Italy his nest, he turned the initialing into a Roman holiday, had loudspeakers stuck...

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