PRIVATE ENTERPRISE.

Star (Christchurch), Issue 16908, 6 December 1922, Page 5

PRIVATE ENTERPRISE.

FAVOURED AGAIN IN RUSSIA. ByTtUsTAph— -Prees Auooaatf oo~43ofi3’Ctslit Auatx«iiaa and N.Z. Cable. Awooiatioß. m&SIXG,TOS& 9 £e«amber 4. At a d«l©gate meeting of the Third International at Moscow, the Russian Soldier*' und Workmaa’i Council declared for denationalisation, and ifc was decided to recommend the Soviet to denationalise all Government concerns, and to extend rights to all Russian and foreign banks and companies. The Soviet is expected to agree to this recommendation. In the general discussion which took place only the German. Ceech and Bulgarian Communists advocated violence. All the others favoured cautious action through the international Socialise organisation. TTnder a decree issued in Russia in •June. 1918. the conditions governing the nationalisation of private enterprises were specified. Thus, only large and well-equipped factories and works were to be taken over by the State, tl»e smaller undertakings being left in the hands of their owners. On April 1 1920. out of 6775 industrial establishments in the territory of Soviet Russia. employing 1.185.542 work people, there had been nationalised 4141. employing 988.049 work people. All industry is controlled through the Supreme Economic Council, with about fifty industrial departments and its local organs.