The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-07-14
BY H. r. KNICKERBOCKER
(WOrld Copyright, 1885. by International
News Service. Reproduction in whole
or part strictly prOhibitedl

BY H. h. kN1CkERBOCkEH
CWorld Copyright, 1885. by International
News Service. Reproduction in whole
or part strictly prOhibited)
ROME, July IA QN.SO.-With
characteristic forcefulness, Pre-
mier Benito Mussolini today
closed Italy'S door against the
principle Of sanctions and threw
open that Of Ethiopia to Ameri'
can enterprise.
Formal abandonment of the
principle of sanctions, he told me
in continuing the first interview
he has granted since the League
of Nations decision to lift them
sealed his Ethiopian victory, will
remove major cause Of interna-
tional friction.
And exploitation Of his new
empire by American and other
foreign capital, he added, will be
heartily welcomed.
Cheerful on Sanctions
On the lifting Of sanctions, II
Duce was cheerful, but quietly so
in the italian tradition that they
never amounted to anything any
way. He said:
"Their abolition will remove
one Of the causes Of unrest In
international relationship and
in consequence contribute to
the cause Of peace in Europe.
"Their abolition will have
beneficial effects on the eco
nomic situation Of the world
and will convey a new impulse
20 international trade.
But the period Of sanctions
Is and must be considered BY all
as over for good. It is necessary
to construct the future in q
spirit Of confident, mutual col
liberation between all peoples
Of all continents"
Of particular interest to Amer
lea were MusSolini's remarks
about the opportunities for foreign
capital in exploitation Of AbyS'
Siata.
U. S. Favored
He said:
"Italy is ready TO 90 ahead
herself with economic develop
ment and colonization Of Abys-
sinia.
"This, however, does not i'm
ply, that AbysSinia should be
closed to foreign capital and
foreign initiative.
"AmOng the foreign capital
which might be interested in
this enterprise, the Italian peO-
ple look with special favor to-
wards the American market.
italy remembers with the great
est admiration the pioneer and
constructive spirit which always
inspired the American people
and made it possible for them
TO- achieve the marvellous enter
prise of coIonizing, civiliEing and
exploiting an entire continent
from the Atlantic to the Pa
cific and from the Great Lakes
to the Gulf of Mexico"
I asked him how long he
thought it would take to make
Ethiopia a profitable investment.
He said:
"The territory of Ethiopia Is
80 vast and its resources still so
imperfectly known that it would
be impossible to make realistic
estimate Is to how many years
It would take to make it yield
. profit"
"The enterprise as . whole
will certainly demand many
decades. However, we will and
always do march rapidly, and
after q very few years result of
the Italian will and italian work
will become manifest and prof
table.
I'm the task we have before
as, we shall be animated by the
Fascist spirit and Fascist meth.
DDS which have created in Italy
. new order"
Finally ! put the vital question
which still agitateS some British
circles: Whether Italy truly is
completely satisfied.
"Your Excellency has declared
that conquest of Abysinnia put
italy in the ranks Of satisfied
nations.
"DOeS this mean Italy is not
only satisfied with its present
territorial extent but also salts
fled with its routes of cOmmuni-
cations? And In a broader
sense, does it mean Italy is now
prepared to defend the principle
of status quo in the general ter
ritorial relationships of EurOpe?"
MusSolini replied:
"AbySSinia satisfied the mex
Orable need of the Italian
people for expansion and places
Italy among the satisfied CO.
lOnial nations.
"The fundamental bases of
Italy's policy are security of her
empire and maintenance and
strengthening of world peace.
'"These principles will direct
Italy's diplomatic and political