FAILURE OF SOCIALISM.

New Zealand Herald, Volume LXIII, Issue 19511, 15 December 1926, Page 13

FAILURE OF SOCIALISM.

THE EXAMPLE OF RUSSIA. TROTZKY ATTACKS POLICY. AID TO INDUSTRY NEEDED. By Telegraph— Press Association—Copyright. (Received S p.m.) A. and X.Z. LONDON. Dec. 14. The Moscow correspondent of the. Daily Express says that Trotsky, one of 'the fallen leaders of tho Third (Communist) International, recently delivered a. scuttling attack ou Stalin, who is now the leader of* the Communists. Trottky insisted that Russia could not stand alone, Trotsky declared that one of Stalin's greatest mistakes was in thinking that if was possible, to build up Socialism in one country only. "Wo arc in aire need of factory equipment and machinery," he said. " We. must rely on foreign countries. but our leaders do not see this and do not understand our economic system. "An isolated socialistic country can exist only in the imagination of authors of resolutions. To talk of building up Socialism in one country, and at the same time overlook that wo are becoming more and more dependent on tho world is nonsense. " A return to industrial conditions'un the basis existing before the war has been completed, and therefore we stand on a new stage in world economics."