Full title: The economic resources of Italy, their development during the last twenty-five years and their present condition, part I and II. 1895 - 1920.

INTRODUCTION
In the history of Italian economics the last twenty-five years will have a special and marked significance. It may even be said that with the close of this period the new history of Italian economics begins. It be gins with certain and determined energy, sound preparation and conscious faith in the future of the country, a faith that, far from being shaken by the difficul ties of early post war days, never diminished or languished in the slightest degree.

During this period were developed the operations of the "Credito Italiano", which to-day celebrates the first quarter of a century of its existence thougt its origin is, in point of fact, more remote, being the same as that of the Banca di Genova of ancient and bonoured memory. The progress of the Bank, as at present constituted, has developed in proportion to the increase in the economic efficiency of the nation and in this connection the "Credito Italiano" may, in the best sense, be considered and judged. Indeed, without undue pride it may be asserted that the development of the "Credito Italiano" not only reflects the upward trend of the economic fortunes of the country but has been one of its many promoters.

For this reason the "Credito Italiano" desires to comme morate the twenty-fifth anniversary of its foundation by relating in the following pages the varying conditions of Italian economics as exemplified in its most significant details.

Milan, 1920.

CONTENTS FIRST VOLUME
• Introduction
PART I
• The Population of Italy and its Power of Expansion
• Labour, the Fundamental Element
• Agrarian Production and Stock Breeding
• Industrial Power: "White Coal"
• Working of Mines and Industrial Progress
• The Minor Arts and their Economic Importance
• Diffusion and Growth of Economic Enterprise
• The Railway System and its Extension
• The Mercantile Marine and Naval Construction
• The Ports and their Traffic Efficiency
• The Upward Trend of Italy's Foreign Trade
• The Influx of Foreigners and "Invisible Exports"
• The economic Value of the Italian Colonies
• National Thrift and the Banking Situation
• Statistical Appendices of the "Credito Italiano"
• Insurance Companies and their Progressive Evolution
• International Payments and the Rate of Exchange
• The Budget and the Public Finance

PART II
Panoramic views of the principal towns of Italy of economic and maritime importance.