We regret that Dr. Alois Rain, the Czecho-Slovak Minister of
Finance, who was shot in the street six weeks ago, has died of his wounds. We deal with his work in our review columns on page 880. Czecho- Slovakia is the first of the European States to declare her immediate willingness to fund her debt to America. Perhaps our recent example was the stimulus. Signor Mussolini stated to the Senate last week that " it is no use cherishing illusions that there is any possibility of our debts being cancelled." This may mean that Italy on her part will shortly make some kind of advance in that direction. Next to general cancellation, general repayment is the way out of the debt problem that will do least harm to the world. We notice that the Vatican has given a chit to Signor Mussolini. The Dean of the College of Cardinals has publicly referred to him as " the man who had, by his qualities as statesman and his unconquerable energy, been chosen to restore Italy to the greatness of her civil and religious traditions." A rapprochement ?
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