In 1896, the
Banco Ambrosiano was founded in
Milan by Giuseppe Tovini, a Catholic advocate, and was named after
Saint Ambrose, the 4th century
archbishop of the city. Tovini's purpose was to create a Catholic bank as a counterbalance to Italy's "lay" banks, and its goals were "serving moral organisations, pious works, and religious bodies set up for charitable aims." The bank came to be known as the "priests' bank."
March – The first Italian cinema screening by the
Lumière brothers occurred in
Turin.
March 1 – The
Battle of Adwa between
Ethiopia and
Italy near the town of
Adwa, Ethiopia, in
Tigray. It was the climactic battle of the
First Italo-Ethiopian War, securing Ethiopian sovereignty and ending Italian attempts at its conquest for another three and a half decades. The Italians suffered about 7,000 killed and 1,500 wounded in the battle and subsequent retreat back into Eritrea, with 3,000 taken prisoner. Ethiopian losses have been estimated at around 4,000–5,000 killed and 8,000 wounded.[1] When the news reached Italy, street demonstrations and rioting broke out in major cities.[2][3]
March 4 – The government of Prime Minister
Francesco Crispi collapsed after the humiliating defeat of the Italian army at Adwa in Ethiopia during First Italo-Ethiopian War amidst Italian disenchantment with "foreign adventures".[4][5]
March 8 – Crispi is succeeded by
Antonio di Rudinì as Prime Minister and Minister of the Interior in a cabinet formed by the veteran Conservative,
General Ricotti, who retains the Ministry of War.[6]
September 30 – Italy and France sign a treaty whereby Italy virtually recognizes
Tunisia as a French dependency.[11]
October
October 23 – The
Treaty of Addis Ababa formally ended the
First Italo–Ethiopian War on terms mostly favorable to
Ethiopia. This treaty superseded a secret agreement between Ethiopia and Italy negotiated days after the decisive
Battle of Adowa, in which Ethiopian forces commanded by
Menelek II defeated the Italians.[12] The most important concession the Italians made was the abrogation of the
Treaty of Wuchale and recognizing Ethiopia as an independent country.
^Iiams, Thomas M. (1962). Dreyfus, Diplomatists and the Dual Alliance: Gabriel Hanotaux at the Quai D'Orsay (1894–1898), Geneva/Paris: Librairie Droz/Librairie Minard,
p. 115
^Harold Marcus, The Life and Times of Menelik II: Ethiopia 1844–1913 (Lawrenceville: Red Sea Press, 1995), pp. 174–177
In 1896, the
Banco Ambrosiano was founded in
Milan by Giuseppe Tovini, a Catholic advocate, and was named after
Saint Ambrose, the 4th century
archbishop of the city. Tovini's purpose was to create a Catholic bank as a counterbalance to Italy's "lay" banks, and its goals were "serving moral organisations, pious works, and religious bodies set up for charitable aims." The bank came to be known as the "priests' bank."
March – The first Italian cinema screening by the
Lumière brothers occurred in
Turin.
March 1 – The
Battle of Adwa between
Ethiopia and
Italy near the town of
Adwa, Ethiopia, in
Tigray. It was the climactic battle of the
First Italo-Ethiopian War, securing Ethiopian sovereignty and ending Italian attempts at its conquest for another three and a half decades. The Italians suffered about 7,000 killed and 1,500 wounded in the battle and subsequent retreat back into Eritrea, with 3,000 taken prisoner. Ethiopian losses have been estimated at around 4,000–5,000 killed and 8,000 wounded.[1] When the news reached Italy, street demonstrations and rioting broke out in major cities.[2][3]
March 4 – The government of Prime Minister
Francesco Crispi collapsed after the humiliating defeat of the Italian army at Adwa in Ethiopia during First Italo-Ethiopian War amidst Italian disenchantment with "foreign adventures".[4][5]
March 8 – Crispi is succeeded by
Antonio di Rudinì as Prime Minister and Minister of the Interior in a cabinet formed by the veteran Conservative,
General Ricotti, who retains the Ministry of War.[6]
September 30 – Italy and France sign a treaty whereby Italy virtually recognizes
Tunisia as a French dependency.[11]
October
October 23 – The
Treaty of Addis Ababa formally ended the
First Italo–Ethiopian War on terms mostly favorable to
Ethiopia. This treaty superseded a secret agreement between Ethiopia and Italy negotiated days after the decisive
Battle of Adowa, in which Ethiopian forces commanded by
Menelek II defeated the Italians.[12] The most important concession the Italians made was the abrogation of the
Treaty of Wuchale and recognizing Ethiopia as an independent country.
^Iiams, Thomas M. (1962). Dreyfus, Diplomatists and the Dual Alliance: Gabriel Hanotaux at the Quai D'Orsay (1894–1898), Geneva/Paris: Librairie Droz/Librairie Minard,
p. 115
^Harold Marcus, The Life and Times of Menelik II: Ethiopia 1844–1913 (Lawrenceville: Red Sea Press, 1995), pp. 174–177