SOVIET NEEDS MONEY.

Timaru Herald, Volume XCVIII, Issue 18084, 12 June 1924, Page 7

SOVIET NEEDS MONEY.

Delegation in London.

MR MACDONALD DECLINES GUARANTEE.

By Cable —I’ress Association— Copyright. LONDON, June 10. M. Litvinoff (Foreign Minister of the Court) has arrived. The •Evening Standard” says that he was summoned in the hopes of solving a deadlock in connection Mith tho Soviet Conference proceedings. His chief mission, however, is to secure a loan which Mr Macdonald refused to guarantee. terrorism in business. SOVIET DOINGS EXPOSED. Jsy Cable.—Press Association—Copyright. (Received 7.30 p.in., Juno 11.) LONDON, June 11. The “Daily Telegraph’s” political observer says the British Government is now in possession of a full explana tion from Wilheiinstrasse, regarding the position between Germany ami Russia. 'Die German Government is fully alive to the advantages of trade with Russia, but affirms that Bolshevik propaganda is unceasing, and declares it holds proof that every move of the German Communists, in eluding active rebellion, lias been undertaken on the direct orders from Moscow'. German information is that the internal situation in Russia is becoming worse. The extremists aro sweeping all moderates out of office. Every (Herman firm which stayed long enough in the Russian business has been ruined by a system of extortion, bribery, and corruption, which denies the safety of personal property.