* * * * One or two sidelights on . the
economic situation in Italy which reach me from that country have their significance—though I should be sorry to exaggerate it. For the first couple of days or so after the introduction of the Budget in this country you could still search the Italian papers in vain for any mention of the 6d. off the Income Tax. It would obviously never have done to publish that in Italy just when new cuts all round were being imposed there. Whether the news has appeared yet I do not know. " Mussolini is a great man, but he is grinding us to powder," was the comment of one citizen hard hit by taxation—to the tune of several thousands of lire both on a country and a town house. Great pro- grammes, admirable in themselves, unfortunately leave heavy bills to be paid by someone.
JANUS. ,
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