BRITISH TRADE

Hokitika Guardian, 15 July 1933, Page 5

BRITISH TRADE

WITH THE SOVIET URGED BY MR MONKHOUSE. (United Press Association—By Electric Telegraph— Copyright. ) LONDON July 14. Mr Monkliouse, the Vickers employee addre.using the Mamliester ltotary Oinbj urged tlmt everything shouiu he clone to foster trade between Russia and Britain. He said the present regime in Russia must be -credited with having tackled a most important problem of national economy. “Many i n England,” he said, “feel that such a. system will ultimately be. necessary in other countries. The Five Year Plan suce-eded in some directions, particularly in electricity; but it failed in connection with agriculture, while the heavy industries, such as iron, steel and coal are a long way from expectations.

“Efforts to improve education land welfare work have been strikingly usccessful. Young Russia which lias never known any other system except the Soviet, is settling down happily, though it is to a purely material happiness, The second pad; of the Five Year Plan includes a seventeen miles dam across the Volga which will irrigate all the wheat country, and Russia would then never • again four a drought.”