"Coolest building in Shanghai during summer months" pact with Russia, and to that extent threw Italian friendship overboard, it has been deny demonstrated that at no time did'he have much-regard for Italian intétests, while the wandering away from the Rome-Berlin axis, which this step represented, gave Il Duce full notice that he was not to expect anything different from what he had already experienced. A degree of distrust was im-"hearted into Italian and German relations which Herr Hitler has done nothing to allay, and which can only serve to enhance the unpopularity of the understanding which has all along been shown in Italy. There is not now, and never has been any really solid foundation for the understanding which it was attempted to cement between the two countries. To a very great extent it was brought about, not through any real rap-brochement between the two people, but rather because of the grave mistakes of Anglo-French diplomacy of the last three years. That relations between the three countries have of late improved is one of the gratifying features of the present situation, and the reaffirming of Italian neutrality, which is to be seen in the present constitution of the Italian Cabinet, is most heartily welcomed.
The changes in personnel are complete with the exception of Il Duce himself and Cpunt Ciano. The inclusion of so strong an anti-Communist as Signor Muti is sufficient indication of how Signor Mussolini regards the menace of Bolshevism. He is still as bitterly opposed to*it as ever he was, and not for some temporary advantage will he permit a foothold- being given to doctrines, which once menaced Italy, and from which he saved it. On the other hand there is a definite weakening of pro-German representation in the new ministry. Signor Dino Alfieri and General Alberto Pariani
Text read from the printed page and cleaned; old type leaves the occasional error.