The Italian Regency of Carnaro was a self-proclaimed state in the city of Fiume led by Gabriele d'Annunzio between 1919 and 1920.
Gabriele d'Annunzio (centre; with the cane) and some "legionaries" – in this case former members of the Arditi (shock troops) corps of the Italian Army, at Fiume in 1919. To the right of D'Annunzio, facing him, is Lieutenant Arturo Avolio (commander of a famed World War I Arditi platoon).