Tune OsserveRs of business conditions in the world must of late have been struck by one feature in particular, the extraordinary improvement in the value of Italian money. The year 1920 saw Ttaly in a position which scarcely held out any hope. Strikes were widespread, and what was worse they were accompanied by bloodshed at times and a strong Bolshevik undertone, so much so that the country at times appeared to be drifting into the same
Text read from the printed page and cleaned; old type leaves the occasional error.