RUSSIA’S INDUSTRIES
SOVIET’S REVERSED POLICY.
(Times Cables.) (By Cable—Press Assn—Copyright.) (Recd. September 17, 11 a.m.) LONDON, September 16. The “Times’s” Riga correspondent states: A meeting of Commissars passed a resolution that a new effort be made to attract foreign capital and industrial assistance on a great scale, by . again offering concessions in Europe and Asia, in connection with railways, electric power stations, agriculture, dairying, sugar works, fuel industries, and also pioneer industries, pretal mining, motor works, and artificial silk.
The resolution frankly states that ’the guiding principle must be the attraction of the maximum amount of foreign capital, which must be actually transferred to the Soviet. « ~ The resolution partly represents the result of the Government’s recent decision that the most resolute measures must be taken to stave off disaster. Foreign capital and technical assistance are vitally necessary to prevent a general industrial breakdown.
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Greymouth Evening Star, 17 September 1928, Page 2
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143RUSSIA’S INDUSTRIES Greymouth Evening Star, 17 September 1928, Page 2
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