The Archive · 1924

Exports Too Low

Owing to the low cost of living Russia ought to be able to export much more than this. The best policy for Russia is, I think, to jerease the export trade and build up abroad large. surpluses. This would enable her to pay off the old Tear's debts, and this would estafblish Russia's credit in. foreign countries without any recourse to money lenders. I found the Russian people very anxious in getting Joan from England.

There is one thing that the Russian Government could export and that is the surplus railway rolling stock which is standing idle in the sidings all the way from Viadiv stok to Leningrad. requires repairing but even was repaired I question whether they have sufficient traffic for it,

Text read from the printed page and cleaned; old type leaves the occasional error.

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