Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-03-21
ECONOMIC UNITY REMEDY
FOR SOARING LIVING COSTS
Italian Senator Discusses "Vicious
Curse" Which, Keeps Prices
Going Up.
DY SENATOR rExItAi,IS.

| LONDON. March CIV men italy en-
tered tho war our Parliament passed
'.ccree. rnnt is 90 say. any taxation
tou!u be imposed without the consent
Vt Parliament.
Ever since fresh taxation has been
introduced month ny month Ia March
another sJoo.ooo,ovp or sioo.ovo,ovo u
At the same time we arc issuing u
national loan OF ncari: $3,Ooo.oDU. 900
We intend to conso.inutc our treasury
! notwithstanding the great patriotic
sitort s,;2nd careful financial manage
n$nt, or shsnorlNi;;i ana Signor schan-
"sf, the Treasury Ministcr II. rate Of
usrhanSe always grows worse IL is
?efE resrettablc that tho international
market does not apprcciat. the efforts;
snsl sacrifice .: the italian nation
itaiy Is ;rh csscnt. ATS agricultural
country In the southern and central
,rst,ors and q ciass OF tenant farmers.
Nr metaF1rs. who share their produce
T ren, 'hI ria .t1o%ners instead of payins
small holdings Of from about ten to
tEnnty acres. we have several mil
non OF these ncasant PROJECTORS and
time they are engaged in actively pur-
suing their bent
Agriculture Hnmpered.
Whom Il is considered tina, agr!cul-
iote Is the back bone" Of the country,
;ht. high rate OF exchange and The
f ssIy Of for tpsgnt a, present ,Hissins IL,
for its agriculture. Farming !mpie-
,ncnts, machinery and fertilizers mus,
DC imported from abroad and are. a
,enancc OF agriculture.
itaiy imports coal cotton. wool, Jute
created b.. The unfavoraSie rate OF OK
cnange and tho high cost OF treightage,
We Italians lind ourselves confronted
million tons or coal every year. Nc
msed to pay 1880 and s3..:3 per ,pn
and the average cos, OF :relgh, to
italy was only So Pc ton. The r..
Coal Up 800 pcr Cent.
.oa o ,% we onEht 20 SH1nor; 1000
II, news terrtory n . TrSn; 'a anG rrios3,
and FOR industrial developments, Eut
W noT Rave % pay. for tho coat IN
fr.iGht oi sli Thus w reach
somet!mcs 1856 q ton when delivered 10
rs On THE ne a asydI in American none
"hansc h,s risen more than 5n nc-
err, Ioal which used % cos: 90 liros
lily about 80 oan;s) now COS, 80 lire.
Fierc - the same increase IN pr'e..
ey.rN direction :" f:iT - I,llia,.
nn.,"taHoas are concerned
We Itai!ans imror: wheat a, man,
90 thc "ti rat" Sup?".e " n""
,N!n- ~. buy. 49,. r.'f-& us, ...
'"7'm"us adverse tratc sa!rarr.
Would Cost billions.
We nah q w ru". 's'."..9e-,V9g lo"4
,..e same luantNX 81 ,yIi "a pro.y..l
naPe - -. o,t5s. v..sy ..4-. "a.
.-"' AZ ., slm ~ .s...'ss CO, q
.'-tS OF c&enanAe anu tny ..s4- ..1 90,
80 ia;es 1.pt" eu"d.Uo.t- ..--. 81.
orally on .Nt.. ...ei. .... ...
s..,tc the asni4ti-e ,,:.iy las a.i
Ni,.oia c'rt.e. inc eoei q. INNS
,!e according Y h,.rything In Itals
~ Oh niicn nsgAcr SEA 10 than in an.
,hrr iiI!cu country.
l.es had un'ry-of~- front during the
war, They need economic unity nov.
=. franc and i;c!E UNI are also su:
st!!Hs. thv pTou!cH! must be taken uD
,Ii so.N@d IN an international manner
..hHre mast DC an intc:national agree
'n.nt Ter he rates o. exchange. no;
merely N ;he interest or Rally and
2!hsT countries which import largely;
England, as exporters.
l;aig limits rs ;mports It Will he
tne de;Tincnt o: foreign exporters
the social and political angle as we'll !!
Ia from, tina; az economies. AN eco |
aotn!c crisis in France and Italy Nigh, /
turn INTO a social and political crisis |
Ehich might quite readily extend 20 !
Ems gland and even 10 America.
War Euded Isolation. /
In &c present age II is no longer
i.on. Every country In the world in ,
taTlorhs ecorom!ca!l? and morally |
~ 'ore tAc wac. Tor example. England /
anu Italy were like neighbors, scpa-
faiad oni% ny The Channel. Owing TO /
ths high rate o. exchange and the cost !
from I'a;y as II the two countries
were now separated by the ocean
How n,uch farther. then, has America !
gcnc from, Italy
the war seems 20 have changed The /
rhysical structure OF Elropn VIVA, .
cider both the problems of exchange
and freight from an international poin, .
OF view and restore, as much rs pos
sinlh. ,hc Old pre-war conditions
l. Will bn in ;ic interest al .Americ:-. .
and ltalf and il viii greatly reinforce
thelr traditional! sympathy and friend I
ship.
AMERICAN FARMERS ARE /