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1907 in Italy

Years in Italy: 1904 1905 1906 1907 1908 1909 1910
Centuries: 19th century · 20th century · 21st century
Decades: 1870s 1880s 1890s 1900s 1910s 1920s 1930s
Years: 1904 1905 1906 1907 1908 1909 1910

See also: 1906 in Italy, other events of 1907, 1908 in Italy.

Events from the year 1907 in Italy.

In 1907, the Banco di Roma founds a branch in Tripoli and builds significant interests in banking, shipping and agriculture. The bank has powerful connections; the president Ernesto Pacelli is the uncle of the future Pope Pius XII, and the vice-president is Romolo Tittoni, the brother of Tommaso Tittoni, Italy's Prime Minister and Foreign Minister several times between 1903 and 1909. The bank also financed the important newspaper Corriere d'Italia that would campaign for the Italo-Turkish War in 1911.
Emigration out of Italy is expected to reach 1 million, mainly to the United States. Minimum wages in the US are five times higher than in Italy and remittances are an important source of income.


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