She has. it Is true. two assets. one of them being tourists. producing something. perhaps. betweenI will not try to give an exact figure. because I do not think anyone can tell what it is100.000.000 and $150.000.000 a year. It was greater last year than usual because of pilgrims. But bear in mind that is not clear profit to Italy. She has to feed these tourists and give them attention. The $100.000.000 or more from immigrants is more nearly a net asset. but there is a larger amount of balance of trade against her than both of these. because she must purchase abroad commodities which are absolutely essential. Now. I repeat what I said before. under these circumstances we can afford to be magnanimous.
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immigrants