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CONDITIONS IN RUSSIA.

SOVIET'S NEW POLICY. STATE AND INDUSTRIAL LIFE. A. and N.Z. LONDON. Jan. 19. The Russian correspondent of the Daily Express says the new slogan in Russia is "State Capitalism." The mining industry, the railways and commerce are expected to make a profit. Production is being stimulated by piecework, overtime, bonuses and other "capitalistic devices." The population of Leningrad, which had fallen to 400,000, is now 1,000,000. Workers' houses are springing up like mushrooms by means of co-operative organisations of workers known as "Artels." These are made up of from 10 to' 25 builders, who erect houses in record time for wages, plus a bonus. The bricklayers lay 1500 bricks a day. The final success of the new policy, however, depends upon foreign credits and on the peasant, who holds the key to exports and is unwilling to sell his wheat. In order to improve credits the Soviet leaders may acknowledge part of the debts incurred by Russia under the Tsarist regime.

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https://paperspast.natlib.govt.nz/newspapers/NZH19260121.2.63

Bibliographic details

New Zealand Herald, Volume LXIII, Issue 19231, 21 January 1926, Page 9

Word Count
164

CONDITIONS IN RUSSIA. New Zealand Herald, Volume LXIII, Issue 19231, 21 January 1926, Page 9

CONDITIONS IN RUSSIA. New Zealand Herald, Volume LXIII, Issue 19231, 21 January 1926, Page 9