SOVIET’S TROUBLES
FINANCIAL CRISIS.
FAILURE OF LOANS.
COERCION NOT SUCCESSFUL,
United Preys Assn. —By Electric Telegraph Copyright. (Receivd 9.30 a.m.) LONDON, May 27.
A dispatch from Riga states the Commissar reports that the Government is unable to cope with the financial crisis. The recent loans, despite coercion, failed to achieve the desired results the workmen refusing the industrialisation loan and the peasants ridiculing the agricultural loan.
Actual buyers were queued up outside the banks, endeavouring to dispose of bonds, and the banks forced 'them to sell at haTr price.
Th Soviet currency is rapidly falling, and the renewed struggle between the Stalinites and the Oppositionists is expected.—United Service,
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Bibliographic details
Stratford Evening Post, Issue 63, 28 May 1928, Page 5
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108SOVIET’S TROUBLES Stratford Evening Post, Issue 63, 28 May 1928, Page 5
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