January 31 – The administration of Prime Minister Francesco Crispi resigns after a fierce disagreement with the Historical Right about the budget.
February
February 6 – Crispi is succeeded by Antonio di Rudinì forming a coalition cabinet with a part of the Left under Giovanni Nicotera. His Minister of Finance Luigi Luzzatti imprudently abolished the system of frequent clearings of banknotes between banks, a measure which facilitated the duplication of part of the paper currency and hastened the bank crisis of 1893 and the resulting Banca Romana scandal.
March
March 24 – Two secret Anglo-Italian protocols in 1891, left most of Ethiopia in Italy's sphere of influence.[1]
April
April 20 – Critica Sociale publishes the programme of Milan's Socialist League, which aims to establish a socialist party.
May 6 – The Treaty of the Triple Alliance is renewed including the amendments made in two additional treaties of 1887, to Italy's aspirations in the Mediterranean and territorial compensation for Italy in case of Austrian expansion in the Balkans.
May 29 – In the Italian Chamber of Deputies, Giovanni Bovio proposes the abandonment of the African expansion policy, but his proposal, supported only by the Extreme Left, is rejected on 6 June.
October
October 27 – The Nicotera Regulation, by interior minister Giovanni Nicotera, made prostitution in Italy fully legal in private houses, with strict regulations. A system of sifilicomi (hospitals for sex workers) was also set up, under the belief that they were the main sources of spreading venereal diseases. Although prostitutes found this regulated system oppressive, they developed ways to resist it.[2]
January 2 – Giovanni Michelucci, Italian architect, urban planner and engraver (died 1990)
January 21 – Aldo Silvani, Italian film actor (died 1964)
January 22 – Antonio Gramsci, Italian writer, politician, political philosopher, and one of the most important Marxist thinkers in the 20th century (died 1937)
February 15 – Dino Borgioli, Italian lyric tenor (died 1960)
February 16 – Pietro Parente, Italian theologian, cardinal, and inquisitor in the Holy Office of the Roman Catholic Church (died 1986)
March 16 – Alfonsina Strada, Italian cyclist, the only woman to have ridden the Giro d'Italia in 1924 when the organisers mistook her for a man (died 1959)
February 8 – Antonio Brilla, Italian sculptor and ceramic artist (born 1813)
February 18 – Ferdinando Acton, Italian naval officer, admiral, politician and Minister for the Navy (born 1832)
February 22 – Agostino Magliani, Italian financier and Minister of Finance (born 1824)
February 28 – Giovanni Morelli, Italian art critic and political figure (born 1816)
March 25 – Stefano Jacini, Italian statesman and economist (born 1826)
May 17 – Ignazio Florio Sr. Italian entrepreneur and politician, member of the rich Florio economic dynasty, one of the wealthiest Italian families during the late 19th century (born 1838)
May 29 – Giulio Litta, Italian composer (born 1822)
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