SUCCESS AND FAILURE OF FIVE-YEAR PLAN.

Horowhenua Chronicle, 15 July 1933, Page 7

SUCCESS AND FAILURE OF FIVE-YEAR PLAN.

Young Russia Settling Down Happily. Received Friday, 8.25 p.m. LONDON, July 14. Mr. Monkhouse, who figured in the recent trial of the British engineers in Russia, addressing the Manchester Rotary Club, urged that everything be dono to foster trade between Russia and Britain. The present regime in Russia must be credited with having tackled the most important problem of national economy and many in England feel that such a system will ultimately be necessary in other countries. The Five Year Plan had succeeded in some directions, particularly as regards electricity, but had failed in connection with agriculture while heavy industries such as iron, steel and coal were a long way from expectations. Efforts to improve education and welfare work had been strikingly successful and a young Russia which had never known any other system except the Soviet, was settling down happily though it was a purely material happiness.

The second part of the Five Year Plan included a seventeen miles dam across the Volga with which to irrigate all the wheat country. Russia would never again fear a drought.