Part III: Credit 



ITALY. 



THE AGRICULTURAL CREDIT OF THE SAVINGS BANK OF THE 

 " BANCO DI NAPOLI " AND THE AGRICULTURAL CREDIT 

 DEPARTMENT OF THE " BANCO DI SICILIA " IN iqi6. 



SOURCES : 



I,A LEGISLAZIONE IT.ALI.\NA SUL CREDITO AGRAUIO. ANNALI DEL CREDITO E DELLA PREVIDENZA. 



— Anno igii, n" 90. Ministero di agricoltura, industria e comtnercio . Direzione generale 

 del credilo e della previdenza, della cooperazione e delle assicurazioni sociali. {Italian Le- 

 gislation on Agricultural' Credit . Annals of Credit and I'krift. — Year 1911, A'o 90. Ministry 

 of Agriculture, Industry and Commerce. General Direction of Credit, Thrift, Co-operation and 

 Social Insurance), Rome 1911. 



DECRETO LUOGOTENENZIALE N. 191 3 CONCERNENTE PROWEDIMENTI per IL CREDITO AGR.'UaO 

 E PER L' agricoltura NELLE ZONE DANNEGGIATE DALLA INVASIONK DEI TOPI CAMPAGNOLI4 



(Decree of the Lieutenancy No. 1913 concerning Provisions for Agricultural Credit and Agri- 

 culture in the Zones damaged by the Invasion of Field Mice), Gazzetta Ufficiale del Regno 

 d'Ttalia, Rome, No. 182, 3 August 1916. 



Banco di Napoli. Cassa di Risparmio. Credito Agrario. Relazionesull'esercizio 1916 

 (Bank of Naples. Savi}tgs Bank. Agricultural Credit. Report for 1916) , Naples, 191 7. 



CoNSiGLio GENER.\LE DEL BANCO DI SiciLiA. Scssioue ordinaiia del 1917. Rendiconto e bilancio 

 consuntivo sul servizio del Credito agrario. Esercizio iqi6. (General Council of the Bank of 

 Sicily. Ordinary meeting of igiy. Report and balance-sheet of the department of agricultural 

 credit. Year 1917). Palermo 191 7. 



§ T. The WORKING OF THE DEPARTMENT OF AGRICUI,TUR.\I, CREDIT 



IN THE " Banco di Napoli " and " Bavco di Sicitja ". 



As regards its organization of agricultural credit Italy can be divided 

 into two parts of which the one comprises Piedmont, Lombardy, Venetia, 

 Emilia and Tuscany, and the other Liguria, Marche, Umbria, Latium, the 

 continental south and the islands. In the former the organization of credit 

 originated in the spontaneous initiative of the agricultitrists who united to 

 form co-operative societies (popular banks, rtiral funds, etc.), thus 

 themselves supplying the need for credit ; in the latter, on the other hand, 

 private initiative was weaker and had to be completed by the action of the 

 State. Thus there arose the various laws on agricultural credit which, in 



