NEW SLOGAN
ADOPTED BY RUSSIA
STATE INDUSTRIES TO SHOW PROFIT
FOREIGN CREDITS ESSENTIAL
By Telegraph.—PhEss Association
Copyright.
London, January 19.
The “Daily Express’s” Russian correspondent says that the new slogan for Russia is “State capitalism, in the shape of State mines, industry, railways, and commerce, is expected _to make a profit.” Production is being stimulated by piecework, overtime, bonuses, and other capitalistic devices. The population of Leningrad, which fell to 400,000, is now a million. Workers’ houses are springing up like mushrooms by means of co-operative organisations of workers known as “Artels,” made up from ten to twenty-five builders, who erect houses in record time for wages, plus bonus. Bricklayers lay 1500 bricks a day. The final success of the new policy, says the correspondent, however, depends on foreign credits and the peasant, who holds the key to exports, is unwilling to sell wheat in order to improve credits. The Soviet leaders may acknowledge a part of the 'lsanst debts.—Aus.-N.Z. Cable Assn.
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Bibliographic details
Dominion, Volume 19, Issue 99, 21 January 1926, Page 7
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162NEW SLOGAN Dominion, Volume 19, Issue 99, 21 January 1926, Page 7
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