Soviet Dumping
in 1929 has been doubled, whilst the present activities,
including an advertising campaign and gifts distribution
scheme, are expected to quadruple them.
Among the foodstuffs, in addition to the fruit and canned
goods dealt with in the preceding pages, Soviet Russia is
dumping large quantities of sugar, sweets and other confectionery
 products.
The dumping of china and glass-ware has been largely
increased within the last two years. The output of both
commodities has been doubled since 1926 and large increases
 are recorded in exports.
The other industries, judging by official reports, are
making similar efforts and are expected to yield good results.
The clothing industry has been granted 100 million roubles
in subsidies, the boot and shoe industry 188 million roubles,
whilst the dumping plans for soap and pharmaceutical
products provide for a subsidv of another roo million
roubles.
The total subsidies for the light industries are in the
neighbourhood of 1,500 million roubles or roughly
£150,000,000. All these measures for unprecedented exports
have been adopted after a three-years’ dumping test and
are co-ordinated with the general Five Years’ Plan, which
provides for the entire industrialisation of Soviet Russia.
According to this plan, the exports from Soviet Russia
will be increased by 1932 to 2,050 million roubles, an
increase of more than 1,250 million roubles since 1928. And
the bulk of this export trade, ““ will change its character,
in that exports of industrial products will assume greater
importance at the expense of agricultural exports.” The
present share of industrial products in Russia’s export trade
is officially given as 60 per cent. and the ‘‘ change” is
estimated at another 25 per cent. In these circumstances
Russia will be exporting about I,750 million roubles
(£175,000,000) worth of manufactured goods a year, as
compared with the previous maximum of £13,500,000.
It appears, therefore, that as soon as Soviet Russia is
completely industrialised and in a position to swamp the
European and Overseas markets with manufactured goods,

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