BOLSHEVIKS ALARMED.
NEW BOURGEOISIE SECTION. BLOODY EPISODES WILL FOLLOW. By Telegraph—Press Assn.—Copyright London, Sept. 25. The special correspondent of the Daily Chronicle states that 64 per cent, of Russian trade is now due to private enterprise, mainly in the villages. This percentage is seriously alarming the Bolsheviks, as a new bourgeoisie is springing up and new forces grouping, all of which make it certain that the Bolshevik front is cracking. There will be bloody episodes in Moscow. The peasants refuse to join the Communist Party, and working women boycott it. The total membership is only 680,000. Private enterprise is growing, despite the Soviet’s merciless use of its powers. The Soviet has the wholesale foreign trade completely in its hands. Not a single foreign undertaking in Russia of any importance is making a profit. The Government takes 51 per cent, of the shares in each foreign company, but only subscribes one-quarter of the capital, whereas foreigners subscribe 49 per cent.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/TDN19240927.2.30
Bibliographic details
Taranaki Daily News, 27 September 1924, Page 5
Word Count
159BOLSHEVIKS ALARMED. Taranaki Daily News, 27 September 1924, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.