What reason does Mussolini give to dismiss the idea of sanctions?

He declares that France and Britain are not willing to risk conflict to enforce sanctions.
He implies that sanctions would lead him to alter his plans.
He explains that imposing sanctions would violate the Treaty of Versailles.
He states that the League of Nations is not powerful enough to bring sanctions.

"but let us admit texas, and we shall place the balance of power in the hands of the texans themselves. they, with the southern states, will control the policy and the destiny of this nation; our tariff will then be held at the will of the texan advocates of free trade. are our friends of the north prepared to deliver over this great national policy to the people of texas? " - rep. joshua giddings, ohio, may 21, 1844 this quote points to what major issue in the years leading up to the civil war?