Soviet Dumping 19

we shall witness the beginning of the utter ruin of world
Industry. Manufacturers will be unable to compete against
the cut Soviet prices, not only on their own domestic
markets, but outside them. European and American goods
sent to all the free markets of the world will be driven out by
the powerful pressure of Russian goods sold at any price.
Under such conditions the £175,000,000 worth of exports of
manufactured commodities will soon be doubled and
trebled, whilst the foreign trade of other countries will
diminish proportionately.

Dumping in Britain
As regards dumping into the United Kingdom, the evidence
 is overwhelming. During the whole period of trade
between the two countries Soviet Russia received from
British buyers the large sum of (in round figures)
£200,000,000. Nearly all of this was obtained by dumping.
According to Soviet official returns, Moscow has managed,
since trade between the two countries has been established
(1920-9), to dump goods to the value of more than
165,000,000. A great proportion of this huge sum was
derived from the export of foodstuffs, although home
supplies were falling steadily year by year.
Thus dumped wheat accounts for nearly £6,000,000,
although|white bread has become such a luxury in Russia
that a whole generation has grown up which has never
tasted it. § Russian butter is on sale everywhere in Great
Britain, but the Soviet citizen is rationed to one gramme of
margarine a day. The same thing applies to eggs. More than
£4,000,000 worth of Russian eggs have been dumped into this
country in spite of the fact that the generous ration for a
fully qualified Communist is one-third of an egg a day. And
even that can only be secured at an exorbitant price.
The same tale could be continued indefinitely. Three
million pounds worth of seed were filched from the Russian
peasant for dumping in the British Isles. Nearly £3,400,000
worth of Russian bar'zsy went into English beer, sold at
cut-throat prices in competition with home and Dominion
grown barley.