SOVIET FINANCE
BIG FALLING-OFF IN | PURCHASES HEAVY MATURITIES THIS YEAR , i (UNITED PUS3S ASSOCIATION'— T.Y BLECTBIC TELEGRAM—COPYRIGHT.) i (Received April 25, 7.25 p.m.) \ MOSCOW, April 24. j Soviet imports are now at their j lowest for a decade—64 per cent.! below the level at the beginning of j 1933. In view of loans of £50,000,000! maturing in 1934 from Germany alone, it is not expected that thej Soviet will even be able to maintain I purchases at their present level un-1 less granted long-term credits. ! The Swedish Parliament is likely j to kill Sweden's 'five-year £ 5,000,000 : loan to the Soviet, and there is no j hope of American credit at present. Moreover, the Soviet aims at financial and industrial autonomy and does not propose to tie itself up except for attractive terms.
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Bibliographic details
Press, Volume LXX, Issue 21148, 26 April 1934, Page 11
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132SOVIET FINANCE Press, Volume LXX, Issue 21148, 26 April 1934, Page 11
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