CONTENTS 45. "Bank of Italy Report. The New Loan. Money Market", Aprii 14, 1917............................................................................p. 126 46. "War Debt. Banking. Shipping", January 26, 1918................» 128 47. "Bank of Italy. Paper Issues. Foreign Trade and Foreign Exchanges", Aprii 13, 1918 ....................................................» 130 48. "The Rise in Prices and the Fall of the Lira", July 27, 1918 . » 132 FROM POST-WAR CRISIS TO THE FIRST PERIOD OF FASCISM IN POWER, 1919-1924 49. "Italy in War Time. Savings Deposits. Note Issues. War Cost and Debt. Dividend Restrictions", February 1, 1919..............» 137 50. "The New General Tariff Proposals", November 15, 1919 . . » 141 51. "Banking Deposits and Inflation", January 24, 1920 ..............» 143 52. "Production, Credit and Prices. The new Loan", February 14, 1920 .....................................................................» 145 53. "The Capital Tax", May 15, 1920 ........................................» 148 54. "Note Issues and Prices. Trade Balance. The Exchange Outlook", May 29, 1920 ..........................................................» 151 55. "Falling Foreign Exchanges and Securities. German Indemnity and Foreign Debt", June 12, 1920 ......................................» 153 56. "Budget Deficit and the Bread Subsidy", June 26, 1920 .... » 155 57. "Increased Taxes. Abolition of Bearer Securities", July 10, 1920 » 157 58. "Price Movements", July 24, 1920 ......................................» 160 59. "The Assault on Banks and a Banking Week", August 7, 1920 » 162 60. "Figures of Capital Levy Declarations", August 21, 1920 ... » 165 61. "The Invasion of Metal and Engineering Works and an Experi- ment in Communism", September 18, 1920 ..........................» 167 62. "Foreign Exchanges and Foreign trade", October 16, 1920 . . » 170 63. "Industriai Uncertainty. A Possible Socialist Split. Yield of Taxes", October 30, 1920 ..................................................» 172 64. "Rising Prices and Exchanges: Falling Share Quotations", November 13, 1920 ................................................................» 174 65. "Exchanges Improved. The Peace of Rapallo. Municipal Elec- tions. The Bread Subsidy", November 27, 1920 ....................» 177 66. "The Socialist Congress. Defeat of the Communists. Labour and Emigration Figures", January 29, 1921 ................................» 179 67. "Workmen's Control of Industry and the Government's Draft Report", February 12, 1921 ................................................» 181 68. "Bread Subsidy. Rent Restrictions", February 26, 1921 ..........» 184 — VII —