FINANCIAL CRISIS.

Auckland Star, Volume LXI, Issue 62, 14 March 1930, Page 7

FINANCIAL CRISIS.

Australians Meet Situation Courageously. WORLD-WIDE FALL IN PRICES. LONDON, March 13. The city editor of the "Morning Post" expresses the opinion that the Australian authorities are meeting the financial situation in a courageous fashion. The writer says some of the difficulties of the present" situation may not be entirely unconnected with past policy, but it is fully recognised that they have been greatly" accentuated by the worldwide fall in prices of commodities, also by the difficulty of raising large credits in the chief lending centres. NOTORIOUS BANDIT. IMPRISONED FOR MURDER. (Keceived 10 a.m.) ROME, March 13. Vicenzo de Silvestri, the notorious brigand, whom the Italian police have wanted for 23 years for an atrocious murder, was sentenced to imprisonment. Twenty-three years ago de Silvestri fell in love with Driade, the beautiful daughter of a well-to-do farmer, aged 20. when he was a shepherd of 22. The farmer refused his consent to the marriage, and Silvestri kidnapped the girl and fled to the mountains, whence the girl later escaped. Arrested and sentenced to imprisonment for ten months, de Silvestri swore to be revenged. He discovered Driade and three women sleeping in a hut near Fondi, and at night the frenzied lover set a light to the four corners of the hut. He refused to save Driade, who begged for his aid, and. singing a love serenade, he danced around the blazing hut in a frenzy, while the women were being burned to death. A friend who assisted in the crime was arrested and sentenced to 30 years' imprisonment, but Silvestri terrorised the countryside until 1928, when he was caught by the carabineers.