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GERMAN FIRMS IN RUSSIA

HOPE OF CHEAP TRADE LONDON, Aug. 23. The latest, official nows from Russia regarding the famine is satisfactory. It is definitely reduced in area and gravity. But the prospects of a, good corn harvest are small, and not only is the area of cultivation seriously reduced but also the corn grown turns out to be very inferior quality. In these circumstances the extravagant promises of certain Russian officials that there would be corn to spare for export are misleading. At the very best the peasants will have just enough to avoid starvation in the current year, and no , more. \

Trade, on the other hand, seems to be reviving in the towns, where, thanks to the legal revival of private property, commerce has a chance to prosper. Many German firms hope, by employing Russian workmen and- paying them in roubles, to produce goods abnormally cheap for the exploitation of the European market.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19221011.2.54

Bibliographic details

Nelson Evening Mail, Volume LVI, 11 October 1922, Page 5

Word Count
155

GERMAN FIRMS IN RUSSIA Nelson Evening Mail, Volume LVI, 11 October 1922, Page 5

GERMAN FIRMS IN RUSSIA Nelson Evening Mail, Volume LVI, 11 October 1922, Page 5