ITALY: Communism Can Be Profitable

Eugenio Reale, 50, is a debonair little Neapolitan of cultured tastes who has done time in Fascist jails, served in Parliament, and represented his country abroad (as ambassador to Warsaw). He is also a Communist.

In Italy, where Communism is big business, Reale held the key position of party administrator. As such he sat on a three-man committee, supervising the flock of import-export firms which the party has set up or taken over to handle Soviet-bloc trade in Italy. Italian businessmen rapidly found out that the only sure way of doing business east of the Iron Curtain was to let these...