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256 bankrupt. There is no real foundation for these great works. The prosperity they would seem to indicate is a pretence. There is no money in the treasury, and so they enfeeble her instead of strengthening. Italy has achieved the dearest wish of her heart and become an independent State—and in so doing she has drawn an elephant in the political lottery. She has nothing to feed it on. Inexperienced in government, she plunged into all manner of useless expenditure, and swamped her treasury almost in a day. She squandered millions of francs on a navy which she did not need, and the first time she took her new toy into action she got it knocked higher than Gilderoy’s kite—to use the language of the Pilgrims.

But it is an ill-wind that blows nobody good. A year ago, when Italy saw utter ruin staring her in the face and her greenbacks hardly worth the paper they were printed on, her Parliament ventured upon a coup de main that would have appalled the stoutest of her statesmen under less desperate circumstances. They, in a manner, confiscated the domains of the Church! This in priest-ridden Italy! This in a land which has groped in the midnight of priestly superstition for sixteen hundred years! It was a rare good fortune for Italy, the stress of weather that drove her to break from this prison-house.

They do not call it confiscating the church property. That would sound too harshly yet. But it amounts to that. There are thousands of churches in Italy, each with untold millions of treasures stored away in its closets, and each with its battalion of priests to be supported. And then there are the estates of the Church—league on league of the richest lands and the noblest forests in all Italy—all yielding immense revenues to the Church, and none paying a cent in taxes to the State. In some great districts the Church owns all the property—lands, watercourses, woods, mills and factories. They buy, they sell, they manufacture, and since they pay no taxes, who can hope to compete with them?

Well, the Government has seized all this in effect, and will yet seize it in rigid and unpoetical reality, no doubt. Some-