SANCTIONS CUT INTO ITALY’S REVENUE
Admission By Minister FINANCES NEVERTHELESS REMAIN SOUND By Telegraph—Press Assn.—Copyright. (Received May 20, 9.35 p.m.) London, May 20. The Rome correspondent of “The Times” says that the Finance Minister, Signor Thaon de Revel, in the Chamber of Deputies, admitted that sanctions had cut notably into certain sources of revenue. Nevertheless he claimed that the country’s finances remained sound and healthy, and subject to strict discipline and control Italy would find means to equip her economy, develop colonies and defend the future. He added that the moment was not yet ripe to divulge the cost of the Abyssinian war. but expenditure had been kept within the limits foreseen by the Government, and it was relatively economical in proportion to rhe great results obtained. Extraordinary expenditure would still be required for "indispensable police operations.” but it would be much less than that necessitated by a continuance of the war.
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Dominion, Volume 29, Issue 200, 21 May 1936, Page 9
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152SANCTIONS CUT INTO ITALY’S REVENUE Dominion, Volume 29, Issue 200, 21 May 1936, Page 9
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