President of The Italian Republic
On May 11, 1948 he was elected the second President of the Italian Republic. At the end of the seven year term of office in 1955 he became Life Senator. Einaudi was a member of numerous cultural, economic and university institutions. He was a supporter of the ideal of European Federalism.
Einaudi personally managed the activities of his farm near Dogliani, producing Nebbiolo wine, for which he boosted to be using the most advanced agricultural developments. In 1950, monarchist satirical magazine Candido published a cartoon in which Einaudi is at the Quirinal Palace, surrounded by a presidential guard of honour (the corazzieri) of giant bottles of Nebbiolo wine, each labeled with the institutional logo. The cartoon was judged a lese-majesty by a court of the time, and Giovannino Guareschi, as the director of the magazine, was held responsible and sentenced.
Luigi Einaudi died in Rome in 1961.
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