After two years of exploratory discussions, and a conference (1st - 22nd July), the Bretton Woods agreements were initially signed by 44 states; the … - Nico Perrone

Italy, we know, has been tied since 1949 to the United States in the Atlantic Alliance; and since 1949, there has been some strong resistance inside the Christian Democracy toward such a decisive, entangling, and suffocating involvement of our country with the United States. The most significant resistance to the Atlantic Alliance was perhaps not that of the great parliamentary protest mounted by the Communist and Socialist parties, but the subtler, more decisive, more pregnant, and more enduring resistance of certain sectors of the Christian Democracy who did not want to hitch Italy to the chariot of an unequal alliance, in which the scepter of command remained in the hands of the United States, but rather thought about the possibility of a neutralist policy for Italy (p. 23).

The balance had been upset and the reactions from the American press and intelligence services were enraged. In a secret American report recently found in the archives, we read that Mattei's power must be contained at all costs and his possibilities for influencing the government must be reduced. Mattei is not only a force in industry, oil, and politics by now, but he also has a hold on information, because in 1957, through ENI, he took control of II Giorno, a Milanese daily, which at that time was much more important than it is today. It provided very lively coverage, had the best and brightest writers, it was present in every country in the world, and most of all, it had a policy of true support for the countries which were trying to free themselves from the colonial yoke, a policy of open support toward Algeria, for example, which was at the time a French colony. France was losing this colony, but there was a war, a savage repression from the French to hold onto their colony. Mattei sent Italo Pietra to Algeria, who later became the editor-in-chief of Il Giorno. He was the first, unofficial representative of Mattei who negotiated not with the French, but with the Algerians, the National Liberation Front (p. 25).

The intention of the US found its feature through a clear formulation in the Agreement for the IBRD. The “purposes of the Bank” were defined as follows: “To promote private foreign investment by means of guarantees or participations in loans and other investments made by private investors; and when private capital is not available on reasonable terms, to supplement private investments by providing, on suitable conditions, finance for productive purposes out of its own capital, funds raised by it and its other resources” (p. 130).