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RUSSIAN MILLIONS TO BE SPENT IN AMERICA.

WASHINGTON, June 17.-^ Announce!; ment was niadb to-day 'at, the tlussia^n Embassy that the, new Riissiah Govern-: ment, under Admiral Kolchali,, Omsk, had decided to place. in American ma-rkets the greater part of brders for military .supplies, which, are estimated 1 ' at ,£32,800,000 for the next tetf months. A cablegram .to the ■ Embassy frpni, Omsk to-day said the Kolchala-Govern-ment had set about the ..task of gettingrid of thevmass: of different money' that has flooded : Russia, arranging for control 6i international exchange and inaugurating a new policy for Russian finances and business. Exchange is to be. stabilised through a committee for foreign trade.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19190811.2.38.10

Bibliographic details

Poverty Bay Herald, Volume XLVI, Issue 14984, 11 August 1919, Page 4

Word Count
109

RUSSIAN MILLIONS TO BE SPENT IN AMERICA. Poverty Bay Herald, Volume XLVI, Issue 14984, 11 August 1919, Page 4

RUSSIAN MILLIONS TO BE SPENT IN AMERICA. Poverty Bay Herald, Volume XLVI, Issue 14984, 11 August 1919, Page 4