Monday, Mar. 17, 1924
Notes
It was officially denied that Prince Gelasio Caetani, Ambassador to the U. S., is about to resign.
New Ministers were appointed to Hungary, Austria, Czecho-Slovakia, Luxemburg, Belgium, Egypt. No names were given.
The Italo-Russian Treaty of Commerce, Navigation and Customs, which also implied recognition of Russia by Italy, was ratified by Benito Mussolini in Rome.
The Banca Commerciale Italiana was, with the Government's approval, negotiating a 400,000,000 lire loan to the Polish Government, which will pledge its tobacco monopoly as security. The loan will be issued at 89, paying interest at 7%. If this loan is arranged, it will be the largest "financial coup" by Italy since she became a unified State.