not Exist Without Soviet's Cereals and Oil Moscow, May 28, Adaessing. a recent meeting here Sepresentatives, of the. Pedere-Gon OF Social Soviet" Republis, Commale Sokoriniko, the Commi Ser'ot Finance of the Moscow Gov finment, stated. that the resem fond of the National Bank of Sov Rivstin was 240,000,000 geld roubles that to sttengihen the murker Seine of paper money and to achieve The completion of. the nation ence' system to prepare against 40 Emongeneyy it wae ereental for Russie to" inereare' the. production gala, The Finance Commissar went on to declare that Russia had no need to fear the suggestion appearing in the resolution recently agreed to at the meeting of the League of Nations that, to overthrow the political power of Soviet Russia, an economic blockade be applied to the country, for, he added, Europe never could afford to exist without Russian cereals and oil, Tt was most, proable, he added, that foreign bankers Would furnish Russia with the funds required to accelerate the intended increnred production of gold, provided Russia paid a little higher interest.
In conclusion, referring to the me come of the Russian people, he said that their income per. head at, pre~ "vent was but one-third that of the Ballan people, who were considered the poorest in Europe. Thi penurious condition of the Russian people, notwithstanding their vai natural resources, was due to the fact that the level of their producing power and culture was amazingly Jow.—Bastern News Agency.
Text read from the printed page and cleaned; old type leaves the occasional error.