RUSSIA'S PROGRESS
INDUSTRIAL ACTIVITY COAST OF CANCELLED DEBTS (Received May 21, 5.5 p.m.) MOSCOW, 20 51, Ka'ganbvich, one of M. Stalin's lieutenants, speaking in .Moscow, said Germany was closing industries whereas llnsslu had started many new factories. This was only possible because while Germany paid indemnities and old debts Russia bad cancelled many thousand millions of the Tsarist regime's •lobts bv I lie October revolution.
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New Zealand Herald, Volume LXX, Issue 21497, 22 May 1933, Page 9
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65RUSSIA'S PROGRESS New Zealand Herald, Volume LXX, Issue 21497, 22 May 1933, Page 9
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