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Today the attention of the civilized world is focused on Ethiopia, a backward, poverty-stricken kingdom with a glorious past, not because of anything which it has achieved, but because one man in Rome has determined that it shall be free no longer. Whether Benito Mussolini, Prime Minister of Italy, has been forced into his Abyssinian adventure by circumstances beyond his control or whether he has deliberately chosen Ethiopia as a place for Italy to seek its manifest destiny is, of course, impossible to determine; but the result as far as Ethiopia is concerned promises to be the same. On December 14, judging Mussolini's attitude, the Ethiopian government officially called the attention of the League of Nations to the gravity of the affair; and on January 3, having received no satisfaction either from the League or from Rome, it invoked Article XI of the League Covenant and requested that immediate measures be taken to safeguard peace.

The article reports and comments on news events taking place during the week of May 18, 1938. A number of items are covered including the visit of the German dictator Adolph Hitler to Rome, Italy and the military action taken by Japan against Chinese forces. The article also condemns the treatment of Ethiopia at the hands of the League of Nations.

Analyzes that economic collapse in Italy will be inevitable due to sanctions imposed by the League of Nations and her struggle to wage a war with Ethiopia. Reason for the Fascist government in Italy to cease publication of all figures of the gold reserve at the Bank of Italy since October; Existence of higher cost of living and pressure of unemployment in Italy; View that Great Britain is seriously menaced by Italy's rightful expansion in Ethiopia; Allegation on Great Britain for bringing downfall in Italy; Argument pertaining to the economic slump in Italy during 1934-35; Impact of war on Italian economy; Imposition of restriction on the Italian export business.