Soviet Dumping
established in January 1930, known as Vsekhimprom,
under the gis of the Supreme Economic Soviet at Moscow.
The statutory capital of the department is 321 million
roubles. Its products include basic chemicals, paints and
varnishes, aniline dyes, wood distillation and coal-tar
derivations.
The estimated * investments ”’ in this industry in the
fiscal year ending September 30, 1930, are officially given
as 343 million roubles, whilst the proposed “ investments ”
according to the Five Years’ Plan are in the neighbourhood
of 1,500 million roubles.
Much emphasis is laid in all official reports on Soviet
exports of coal tar, pitch, solvent naphtha, naphthaline,
and of “considerable quantities” of paint and varnish.
The rapid developments made last year in the dyes industry
have enabled the Soviets to begin dumping both sulphureous
 and nitrogenous dyes.

16

Metal Goods
Among the products of the heavy metallurgical industry
the immediate export trade already deals with rails, sheet
iron, copper products, etc. The plans provide for an extension
 of this trade and from data available it is obvious
that they anticipate large exports of pig iron, blooms, rods,
bars, angles, sheet bars of steel, iron and steel castings, plates
and sheets, galvanised sheets, tubes and pipes and all
classes of railway materials. These plans are subject, of
course, to the general plans of the metallurgical industry,
where “immense developments ’’ are now in hand. The
total output of manufactured metal goods has already risen
from 457,000 tons in 1922-3 to 3,873,000 tons in 1928-9.
Large sums of money have been and are being allotted to
various branches of this industry, for the sole purpose of
increasing output which will be dumped abroad.

Light Industries
The efforts in the basic industries are to be exceeded in
the light industries. According to Informaisionny Bulleten,
manufactured goods are to be exported on a hitherto