‘The Financial Times of April 14th carried an article by its Rome correspondent: "Three bad years in the Bourse”. This article commented upon the continucus decline over the lest three years in [talian share prices, It analysed the varioue reasona for this and towards the end of the article referred to the entry of the Nenni socialists into the government and the possible effect of this on share prices, it said: "J .eThe inclusion of the Socialiatse in the Government coalition and the feer that 2 serious effort to make people pay a larger share of their taxes than they have been accustomed to de in the past has apparently terrorised investors, Yet so far, at least, the Socialists have been behaving like the tamest of household pets. “Admittedly Signor Riccardo Lombardi's occasional blasts of fire and brimatone in the official Socialist paper “Avanti" or in public speeches have undone most of the good In fact, REVOLUTION is an illustrated monthly review of work of his colleazues in the Government, the world’s revolutionary struggles, founded in Algeria after independence and now printed in Europe for 4 world-wide audience. "The unfortunate fact ia that by sabotaging the present "Centre-Left" Covernment, investors are Friekinzg something much worse coming to
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power. At best they are forcing the Governnent to consider imposing policies and restrictions which otherwise would have been unnecessary ang would not have been taken into consideration. Italy's allergy to paying taxes, for this is really the fundamental problem, appeers to be becoming almost suicidal.”