I will not surprise your Excellency if I point out, without going into particulars, a problem which concerns us directly. I speak of the problem of emigration. I limit myself only to saying that Italy would greet with satisfaction an opening in the somewhat rigid meshes of the Immigration Bill, so that there could be an increase in Italian emigration to North America, and would greet with similar satisfaction the employment of American capital in Italian enterprises. As a Fascista, the words of your Excellency have interested me because they reveal an exact understanding of the phenomenon and of our movement, and constitute a sympathetic and powerful vindication of it. This fact is the more remarkable because the Fascismo movement is so complex that the mind of a stranger is not always the best adapted to understand it. You, Mr. Ambassador, constitute the most brilliant exception to this rule. Your discourse, I say, contains all the philosophy of Fascismo and of the Fascismo endeavour, interwoven with an exaltation of strength, of beauty, of discipline, of authority, and of the sense of responsibility. You have been able to show, Mr. Ambassador, that in spite of the numerous difficulties of the general situation, Fascismo has kept faith to its promises given before the “March on Rome.” The time intervening since those promises were made has been short, so that only a stupid person would pretend that the work is already completed. I limit myself to saying that I find corroboration by your Excellency that it is well begun. I am certain, Mr. Ambassador, that all Italians will read with emotion the words which you have pronounced on this memorable occasion. I ask you especially to believe this. I have heard, just now, not a discourse in the manner and strain of an ordinary conventional speech, but a clear and inspiring exposition of the conception of life and history which animates Italian Fascismo. I do not believe that I exaggerate when I say that this conception finds strong and numerous partisans even on the other side of the ocean, among the citizens of a people who have not the thousands of years of history behind them which we have, but who march to-day in the vanguard of human progress. In this affinity of conceptions I find the solid basis for the fraternal understanding between Italy and America. The announcement that you, Mr. Ambassador, are giving a wreath of gold to the Italian youth who will be victor in the next Olympic competition games will win the hearts of all Italian athletes, and of these there are, as you know, innumerable legions.