MORE ARMAMENTS FOR SOVIET
Large Expenditure Announced ONE-QUARTER OF BUDGET FOR WAR MATERIALS. (UKITKC PRESS ASSOCIATION— COPYRIGHT.) (Received August 11, 9.30 p.m.) MOSCOW, August 11. The Commissar for Finance (M. Zveryev) announced at the session of the Supreme Soviet Council that armaments would absorb one-quar-ter of the current Budget. The military budget is 27.000. roubles, compared with 20.000. roubles last year. In addition there is provision for 7.500.000. roubles for defence industries, and 4,300,000,000 roubles for the Department of the Interior, which controls border troops and industrial and military projects. The total expenditure is 123.000. roubles, and the revenue is estimated at 125,000,000,000 roubles. Health expenditure amounts to 8.000. roubles, and education 20.000. roubles.
The rouble is nominally worth 21 i pence, but its equivalent internal value is unquotable. The ravages of the recent purge were apparent at the opening of the Supreme Council. Nine of the 25 People’s Commissars chosen in January, 1938, have disappeared. Those missing include the Vice-Premier (M. Chubar) and the President of the Control Commission (M. Kossior), both members of Stalin’s political bureau. The others are the Commissars for the Navy, M, Peter Smirnov, Internal Trade, M. Mikhail Smirnov% Agriculture, M. Robert Eikhe, Machine Industry, M. Alexander Bruskin, Public Health, M. Mikhail Boldyrev, Food Industry, M. Avram Ghilinsky, and Grain Collection, M. Mikhail Popov.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19380812.2.70
Bibliographic details
Press, Volume LXXIV, Issue 22478, 12 August 1938, Page 11
Word Count
219MORE ARMAMENTS FOR SOVIET Press, Volume LXXIV, Issue 22478, 12 August 1938, Page 11
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.