TIME
Pope Pius XI, whose tight little temporal realm has long been considered immune from depression, last week instituted retrenchments which may eventually save him $3,000.000 per year. First step: a pay cut for 1,000 church employes in Vatican City and Rome. Salaries above 1,000 lire ($82) per month will be slashed 10%; those above 2,000 lire 15%. Thus affected will be 22 resident cardinals who get 100,000 lire per year.
More Must-Reads from TIME
- Donald Trump Is TIME's 2024 Person of the Year
- TIME’s Top 10 Photos of 2024
- Why Gen Z Is Drinking Less
- The Best Movies About Cooking
- Why Is Anxiety Worse at Night?
- A Head-to-Toe Guide to Treating Dry Skin
- Why Street Cats Are Taking Over Urban Neighborhoods
- Column: Jimmy Carter’s Global Legacy Was Moral Clarity
Contact us at letters@time.com