_Relations between Italy and Yugoslavia._ Italy’s political line of conduct towards the States of the Little Entente and in general towards the States recently created is substantially inspired by the necessity of exacting the respect and the scrupulous fulfilment of the treaties, because, given the present contingencies, only such a policy can produce quick and pleasing results with regard to an economic settlement of the Danubian States which would contribute to the larger one of Central Europe. On several occasions the friendly and moderate policy of Italy has followed such a course with satisfactory results. With reference to such a policy the relations between Italy and Yugoslavia have a special importance. The clear attitude taken by the Government with regard to Yugoslavia by proceeding to the definite enforcement of the Treaty of Rapallo has strengthened our legal position, and we are able to rest any further development of our policy on a solid basis. The enforcement of the Agreements of Santa Margherita, which has been necessarily laborious owing to the large extent of the field covered, can be said, however, to proceed on the whole satisfactorily. In spite of the initial difficulties encountered in any exceptional régime, the economic system of the so-called “special zone of Zara” is already in force for the evacuation of the remaining Dalmatian territories, and the various organisations for the regulation of all the intricate questions arising out of the Agreements have been constituted. _Fiume._ But naturally the most important question to solve is that of Fiume. As is known, it offers the gravest difficulties, since, in order to ensure the future of the commercial life of the town, there must be solved many complex problems of an economic nature which are often in opposition to those of a political character. Undoubtedly the recent long Parliamentary crisis in Yugoslavia, which for a considerable time forced the Government of Belgrade to confine its attentions almost exclusively to internal problems, has heavily weighed against the rapidity of the solution of such a question. That Government has repeatedly acquainted us with its wishes to solve the question in a satisfactory way as regards the sentiments and the interests of Italy, and has also frankly made known to us the real difficulties with which the Government is faced in asking the populations interested to accept a solution in agreement with the Italian point of view.