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FINANCIAL RESTRICTIONS

ITALY PROFESSES INDIFFERENCE TRADE EMBARGO ALSO NOT FEARED (Received October 15, 10.35 p.m.) LONDON, Oct. 15 The Daily Telegraph's Rome correspondent says the Italian Government's experts, who examined in detail the situation which resulted in the application of financial sanctions, claim that there is no cause for alarm, while they show equal indifference regarding economic sanctions. It is believed that a trade embargo can never be made effective. There will always be willing sellers and always means of getting goods to Italy, notably through Austria. The Fascist Government, it is also asserted, has provided proper substitutes for coal, petrol, cotton, wool and other commodities, while Italy has enough wheat_to last until next harvest. The newspaper Tribuna says Italy for 13 years has not asked for a penny in the way of a loan. She will continue not to ask for loans, while as regards credits Fascist Italy has been fully mobilised for 1 0 months.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19351016.2.80

Bibliographic details

New Zealand Herald, Volume LXXII, Issue 22241, 16 October 1935, Page 13

Word Count
157

FINANCIAL RESTRICTIONS New Zealand Herald, Volume LXXII, Issue 22241, 16 October 1935, Page 13

FINANCIAL RESTRICTIONS New Zealand Herald, Volume LXXII, Issue 22241, 16 October 1935, Page 13

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