The situation on the Ruhr is stationary. I declare once again that Italy could not have followed a different line of policy. The time for fine gestures is past, as they are useless. The attitude which was advocated by certain elements on the Left would have been equally useless. We could not have prevented the French from marching on the Ruhr, and we might have encouraged the German resistance. Also the other plan of our mediation could not have been carried out, because no mediation of any kind is possible if it is not asked for and welcomed. (Applause.) Besides, England has limited herself to non-technical participation in the operations on the Ruhr, but has not pushed her difference of opinion with France to the point of withdrawing her troops from the Rhine. It is opportune to add that France has not asked us, up to now, for formal and concrete assistance. Should this happen, it is evident that Italy should reserve to herself the right of exposing all the complex system of the relations between the two countries. (Loud applause.) _The Last Phase of the Adriatic Drama._ As to the Agreements of Santa Margherita, of which the Chamber is asked to approve, they represent the last phase of our sad and lamentable Adriatic drama. I could here reply in detail, I could show the Hon. Chiesa, for example, how only yesterday, 9th February, I received a telegram from Belgrade to this effect: “The Ministry of Yugoslavia communicates that orders have been sent to the authorities of Spalato that the premises of the school shall be evacuated and put at the disposal of the school itself, and that the house which adjoins the Church of Santo Spirito shall be emptied and handed over.” I could correct other inaccuracies, but it is not my business, it is not worth while to descend to the discussion of detail. I am always of the opinion that this Convention must be carried out in order to test it. At the same time, I do not feel like defending, at too great a length, a treaty of which I did not approve when it was concluded, and which I still hold to be, as regards a great many of its clauses, absurd and harmful to Italian interests. But matters, to-day, stand thus: either the treaty must be definitely enforced or denounced. Since, in present conditions, it cannot be denounced, for that would mean the reopening of all difficulties, there remains nothing but its loyal and scrupulous application on our part, as loyal and scrupulous as the application on the part of Belgrade will have to be. (Applause.)