Soviet Dumping

37

JT]

DEFENSIVE MEASURES

~T is now obvious that the menace of Soviet dumping is,
in itself, sufficiently grave to warrant immediate and
A drastic counter action. But it is aggravated at the
moment by the general condition of economic depression.
The civilised world is not in a position to-day to disregard
the aims and ambitions of the Moscow rulers. National and
international action is imperative.
An examination of Soviet economic relations with the
outside world during the last two years—the first two years
of the Five Years’ Plan—shows quite clearly and definitely
that Soviet dumping is merely the logical consequence of
these relations. In other words, the mistakes made by
various countries in the course of their trading and financial
operations with Moscow have encouraged the Soviets in
their present course of action. The remedy against Soviet
dumping is therefore to be found in the acknowledgment
and correction of these mistakes.
Since 1928, Moscow has obtained the assistance of a
number of foreign engineers and experts. Americans,
Germans, Frenchmen and Englishmen have gone to Russia
to help Stalin to materialise his plans. Money in the form of
credits for machinery and industrial equipment has actually
been pouring in from known and unknown sources. Under
the pretext of trade and immediate profits, deals have gone
through between the Soviets and foreign firms, which have
already enabled Moscow to dump abroad a variety of manufactures
 and even highly technical commodities.
The assistance given to Stalin has enabled him not only
to close gradually the Russian market to world industry,
but has given him the material and wherewithal for laying
the foundation of a new source of supplies of manufactured
goods. He is openly planning to flood the already overstocked
 markets of the world with the products of his