Note 228 — FOREWORD (continued 3)
Reading edition
On July 10th the Italian Finance Minister, in his financial statement, announced that the total cost of the war to Italy would amount to one hundred milliard lire. He added, however, that her share of the German indemnity would wipe out her foreign debt, while a progressive tax on all but small fortunes would meet her internal obligations. Cf. Corriere della Sera, July 11 and 12, 1919.