LENA GOLDFIELDS.
Soviet Agrees to Pay Large Sum. United Press Assn.—By Electric Telegraph—Copyright. (Received November 5, 12.35 p.m.) MOSCOW, November 4. An agreement settling the Lena Goldfields dispute has been signed on behalf of the Soviet and the company. The price is believed to be between £2,000.000 and £3.000,000. The Soviet had cancelled the company’s mining concessions. alleging a breach of contract. The company referred the issue to arbitration in England, and was awarded £30,000,000, which the Soviet declined to pay, offering £1,000,000 whereas the company asked for a mini mum of £3,500,000.
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https://paperspast.natlib.govt.nz/newspapers/TS19341105.2.24
Bibliographic details
Star (Christchurch), Volume LXVI, Issue 20453, 5 November 1934, Page 1
Word Count
93LENA GOLDFIELDS. Star (Christchurch), Volume LXVI, Issue 20453, 5 November 1934, Page 1
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