Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-05-12
ITALY IS NOT
DOWNHEARIED
SAYS ClOLITn
Declares Nation Looks Into
Future With Confidence
Despite Losses.

Rome. May 12,-1taly looks into the
future with confidence Ia spite Of the
losses she sustained in the world .war
and the burden her people are carry
premier, declared to the Associated
Press last night. sisnorg. Giolittt's
given on the eve of the
general elections which will Give. Italy
a new chamber Of deputies and lay
before the world Italy's~expression Of
national will, was full Of Optimism.
The acid test in financial recupcr-
alton has been administered to all ma
tions that took part in the world war
he declared. Their problem was to
restore their financial equilibrium,
from the ruinous depths Of expendi-
lures caused by that struggle. Italy
faced that problem, stood that test
and gave substantial proof Of her
ability to restore herself from the al
most hopeless chaos into which she
vas plunged.
ITALY is carrying. a load of taxes,
hut these are being borne. without a
murmur. Italy is recovering from
the war, and is on her feet. Italy has
point In order that she might resume
her position of financial stability.
Proof of 1taly's stern resolve ma
be found in cold facts. Before the
war her national income amounted to
which the government, received in
taxes 100000, 600. Owing to her de-
creased producing power, which is
due to the war, 1talr's present ma
tional income is calculated at 5000.
100000. Out of this sum the govern
ment exacts taxes totallirs $1,000
ooo. ooo-$7oo, ooo. Gao more than be
fore h war. Before the war. but
twelve and one-half per cent Of the
while at present the government de
n1ands 40 per cent. That means tina,
out Of 1taly's population of 40. 1000.
600, every man, woman and child
would pay $40 per year il the tax was
on a per'capita basis. As far as am
able to ascertain this is the highes,
per capita, figure in the world, and
Italy is the most taxed nation OH the
globe.
Big Population.
ITALY is a thickly populated coun.
try. 1t has almost 400 inhabitants tc
the square mile-twice as many AZ
your populous and richest state. New
York. Italy is over-populatcd. There
are not sufficient resources in thu
country to sustain such a virilc popu
lation as ours which shows a health,
increase every decade. Given thii
situation, it is imperative that we Ant
an outlet for our constantly increas
Inc population.
New American restrictions on i'm
migration have dealt us a sever,
blow. but we nus find other quarter
to which We can send our e%n1isrants
I'VE are now o. the threshold o
the general elections. Elections ar,
certain proof of the contrary. W
are looking forward To a new cham
bar Of deputies in which the entir
process of government will be able Il
function. which was virtually an i'm
possibility in the last chamber. 1 cal
with almost certainty prophesy TIM
in the next-chamber the different par
ties will be more fairly Represented
will be grouped in such a way as Ii
allow parliament to complete the tasI
of economic, financial and social re
generation already begun.
"Mustering all her available forces
Italy faces the future with faith an,
certainty. Our elections will heral,
to the world that Italy is for progress
along constitutional lines and tina
there is within her borders no she}te
for revolutionary movements"