ABOUT RUSSIA
"I have found on my return that the true purpose and the main object of the Russian Five Year Plan is very constantly misunderstood or not appreciated in Britain. Ido not think that it is generally and clearly realised that the Five Year Plan represents the ideal of economic nationalism and high protection carried to a very extreme point, almost to a fantastic point. The whole underlying purpose of the plan is to render Russia entirely self-supporting, or, to put it more accurately, to render her entirely independent of the capitalist world. If that is so, it follows th3t 1 as the plan progresses she will become more independent of the rest of the world, and so will feel less cogency and less present need to pay her debts, and to pay them punctually. Ido not mean to imply that they would repudiate for the sake of repudiation. Ido not think that that is the case at all,, but they may find that circumstances are too strong or too tempting for' them in the next couple of years." Mr Patrick, Conservative M.P. for Tavistock, who until recently lived in Russia, speaking in the House of Commons.
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Bibliographic details
Waipa Post, Volume 44, Issue 3182, 26 May 1932, Page 2
Word Count
198ABOUT RUSSIA Waipa Post, Volume 44, Issue 3182, 26 May 1932, Page 2
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