PAPER WEALTH.
BOLSHEVIK FINANCE. HEADING FOR CATASTROPHE. London, March 10. The correspondent of the “Times” at Helsinglors states that AL Kre'-lmsky (Finance Ministerf warned the (.entral Soviet Executive at Aloscow that Bolshevik finance was leading straight to catastrophe. Originally it was estimated that the taxation oi wealth would yield £.1.000.090,000, but instead it is yielding only £450,000.000, owing to the exhaustion of the source of supply. The peasant-; generally refuse to pay, ami fight when pressed. Lenin told the All Russia Irade Union that the production of bank notes exceeded £500,000.000 monthly. Simultaneously, several provincial Soviets were issuing notes, the total value of which was unknown. The Aloscow Commune invited the industrial specialists and the bourgeois class to forget hatreds and to enter the Bolshevik service.
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Bibliographic details
Hawke's Bay Tribune, Volume IX, Issue 81, 20 March 1919, Page 5
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126PAPER WEALTH. Hawke's Bay Tribune, Volume IX, Issue 81, 20 March 1919, Page 5
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