Show 1 Profits Under 11 ll Duce DUCt Under Mussolini's latest decree no one in Italy may own a foreign bank account or a foreign security security- All AU such holdings must be turned over to the government in exI ex exchange x I change for Italian government bonds J Italy's planned economy thi ther t by confesses that it is headed t Los the boneyard Italy's finances ar are an conceded by this decree to be In in- in a desperate condition for only des desperation desperation des des- could produce the decree Unless Mussolini ni makes fundamental tal changes in his domestic policies the unbalanced budgets will eon con con r and the drain on the Italian reserve of gold and foreign eXchange exchange ex- ex eX- eX 1 change may be expected to continue continue con con- also i If It this process runs it its course as now seems more than likel likely the goal of complete will wiIl have been reached All private wealth and savings will vill be inv invested in Italian government securities securities' for which there will be bend n no market mark tl either cither at home or or abroad Italy can can cannot not live without supplies supplies' from foreign for for- eln eign countries and it will have hav n no money with which to buy t them em A AThe The jig will then be up The i pre present ent confiscation can only post pos pone pane the debacle not avert It The economic general ral staff can continue to function for a time through suc-J suc confiscations and sion Lion of ot protest and opposition byj by force loree but the day will come when not ev even n castor oil and machine 1 guns will produce more w wealth alth aIth for forthe forthe i ithe the government to s squander uander That moment is fast fast approaching ching in Ii Italy Chicago Chicago Tribune ij |