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Italy Faces Deficit From China Expedition

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Pacific Press Publishing Company · Oakland, California · Dec 19, 1900

FromSigns of the Times, Vol. 26, No. 51.

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Italy Faces Deficit From China Expedition

The Italian minister of the treasury announces a national deficit of 19,000,000 lire, 13,000,000 of which are due to the expenses of Italy's China expedition. This enormous deficit makes it necessary for the government to postpone many useful and needed reforms.