FREE PORT OF VENICE 273 
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It has been estimated by local port experts that the Italian free- 
port question may probably be protracted for months yet and that 
in Venice a solution of the entire question by the committee is not 
expected before the end of 1928. 
Venice as a free port.—The creation of Venice as a free port has not 
raised any great interest or expectations locally, as it is a matter of 
less importance to this port than to some other Italian ports, such as 
Trieste, for instance. This explains in part the more or less indiffer- 
ence prevailing among Venetians in the matter of free-port privileges. 
New port of Venice already privileged. —Venice’s new port on the 
mainland at Marghera already enjoys certain special privileges, 
which would serve to minimize the importance of free-port facilities 
there. 
The Porto Industriale (new port) of Venice enjoys privileges for 
industrial plants within its limits which are in accordance with what 
is known as the legge di Napoli, the Naples law, that is, the act of 
July 8, 1904 (No. 351), and the act of March 12, 1911 (No. 258), con- 
cerning provisions for the city of Naples. Among the privileges en- 
joyed by industrial plants in the new port of Venice are the following: 
Exemption from customs duty for all construction materials used in 
the construction of such plants in the new port; exemption from cus- 
toms duty for all machinery destined to such plants and this includes 
also similar apparatuses, etc., not only for the initial plant but also 
for later improvements, enlargements, or alterations, provided they 
are completed before the year 1934, 
Plants in the new port of Venice also can obtain on request, free- 
port facilities, that is, they may be considered outside the customs 
zone. Naturally the National Government holds the decision of 
such matters. } 
Moreover, plants in the new port of Venice are exempt for a period 
of 15 years from the expenses of national customs control in the 
interior of the respective plants and for temporary importations. 
Then there are certain taxes from which plants in the new port of 
Venice are exempt, including exemption from the ‘‘ricchezza mobile 
imposta”’ (tax on industrial profits) up until the year 1934 for profits 
made before 1925 and until 1937 for profits made after 1924. 
‘Other taxation from which plants in the new port of Venice are 
exempt are taxes on property, such as buildings and real estate, 
including also supertaxes thereon, for land which forms an integral 
part of the respective industrial plants. This exemption has vigor 
for the same period of time as specified above for the ‘‘ricchezza mobile 
imposta’’ exemption, that is until 1934 for some and until 1937 for 
others. 
Free port advantageous to plants producing for export.—Free-port 
facilities are advantageous to those industrial plants which produce