ITALY'S ECONOMIC PLIGHT
"Like the French, the Italians greatly underestimated the material requirements of modern warfare. The absence of striking power in the Italian army and navy probably stems in large part from the lack of adequate supplies of needed raw materials. Military strategy doubtless is severely handicapped by the need for limiting consumption of petroleum and . other strategic supplies. Germany made herself selfsufficient .as regards a wide variety of raw materials before she declared war, and now draws upon the resources of the greater part of Europe to supplement her own production. Unless Italy receives substantial economic aid from Germany, her economic position may become intolerable, making, it necessary for her to withdraw from active hostilities, either through the adoption of a purely defensive strategy, or the negotiation of an armistice with Great Britain. Whether or not such an outcome can be brought about without internal political upheavals is yet to be seen."—The New York "Journal of Commerce."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EG19410304.2.11.1
Bibliographic details
Ellesmere Guardian, Volume LXII, Issue 17, 4 March 1941, Page 3
Word Count
159ITALY'S ECONOMIC PLIGHT Ellesmere Guardian, Volume LXII, Issue 17, 4 March 1941, Page 3
Using This Item
Stuff Ltd is the copyright owner for the Ellesmere Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.