"STATE CAPITALISM"
- .- *!fl*— NEW SI.OOAX IN' RUSSIA 'Mi Kl»,rvir T»l<M?r.ii'h -i''».>"''' 1 " (Australian & N.Z. Cable Association) LONDON. Jan. 1!'. The Daily Express Russian correspondent says that a new slogan in Russia is state capitalism. The mines industry, railways, and commerce are expected to make a profit. Production is being stimulated by piece work. overtime, bonuses and -other ■•capitalistic devices." The population of Leningrad, which fell to 400,000. is now 1.CC0.000. Workers* houses are springing up like mushrooms by means t<\! co-operative organisations of workers known as artels, mad" up of ten to •!■) builders, who erect houses in record time for wages plus a bonus. Bricklayers lay 1.500 bricks daily. The tiual success of the new- policy, however, depends upon foreign credits and the peasant, who holds the key to exports and is unwilling to sell wheat in order to improve credits. Soviet leaders may acknowledge part of the Tsarist debts.
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Bibliographic details
Nelson Evening Mail, Volume LVI, 20 January 1926, Page 5
Word Count
150"STATE CAPITALISM" Nelson Evening Mail, Volume LVI, 20 January 1926, Page 5
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