Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-07-11
The Story the Week Has Told

the stencil created through the ex.
posture by Secretary General Turati
of the Fascists party Of Irregularities
in the management of the Agrfcul.
tural Bank of Parma; said irregulart'
ties involving a number Of prominent
Fascists of the Savage" wing Of the
party. including the redoubtable Far.
inacci, formerly secretary general.
One is told that Farinacci proposed to
use the bank as his war-chest in his
struggle with FederZoni. minister Of
the interior, for ascendency in the
party. Farinacci was very ill-advised
to challenge Federzoni; his savage.
ness is rather ludicrously pitted
against the cool efficiency Of FEEDER.
zoni. One hears that the Fascist gov
eminent has decided to suspend in
definitely all provincial, communal and
municipal elections. There must be
no DETECTION Of energy from the eco
nomic effort.
It is satisfactory to learn that the
extension Of the working day by one
hour is not to be unfortunately
applied.
An Impartial expert body will de
eide for each industry whether the
extension shall apply to it. The grand
object OF Mussolini's recent decree
summarized in last weeks issue
was to reduce the cost Of living
forbiddingiy high and by the same
token the purchasing power OF
wages is desperately low. The de
cree proposes, of course. at the same
time. relief Of the manufacturer
whose output far outruns demand
Again, Mussolini counts on lowering
Of prices to reduce or prevent further
extension of the flduciary circulation
Whether he has gone about the right
way to achieve his objects remains
to be seen.
United States of America.-On
Wednesday the President established
himself for the Summer at luxurious
White Pine Camp on the edge Of Lake
Osgood in the Adirondacks, about
three miles from Paul Smiths. The
so-called camp Is on a private estate
Of 40 or so acres of beautiful forest
and lake, and the President may en-.
joy the measure of privacy he desires.
The Executive Offices are in cottage
at Paul Smiths.
On July Monticello, the home of
Thomas Jefferson, having been pur-
chased from Jefferson Levy for
$oUO,OOO raised by national SubScrip-
ton, was dedicated to the Nation with
suitable ceremonies.
The report Of the Treasury Depart
ment for the fiscal year 1925 shows q
budget surplus Of $377, 767.816 and a
reduction In the gross public debt of
$8T2, 977.5T2. The gross public debt
Is now $19.643.216.315.
4 + 4
: /, . y L.
The German Reichstag has ad.
journed for the Summer after failing
to reach a, compromise over the prop
erty claims Of the ex-rulers. One
hears, however, and with satisfaction
that William of Doom, at last, sub
hitting to the writing on the wall.
has reduced his claims by SO per cent.
or to about 15,000, 900 marks, and it
seems likely that there viii be quiet
settlement with him on that basis and
with the ex.rulers Of lGotha and
Mecklenburg- Sterlitz on like basis
adjustments have been reached in
other cases).
Little news from Poland. Pilsudski
is still In a sanatorium for nervous
disease, and while the cats away the
mice play. In his absence some mem
bers Of the Sejm are talking big and
making very disparaging remarks
about him.