Russian gold

Bibliographic data

Monograph

Identifikator:: 1772009490

URN:: urn:nbn:de:zbw-retromon-156190

Document type:: Monograph

Title:: Russian gold

Place of publication:: [New York]

Publisher:: Amtorg Trading Corporation, Information Department

Year of publication:: 1928

Scope:: 72 S.

Digitisation:: 2021

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: The Russian Gold Reserve before and during the World and Civil Wars (1883-1921)

Collection:: Economics Books

... The bulk of the gold exported by the Bolsheviki served to pay for goods purchased abroad. . » . . The quantity of gold shipped to Sweden to pay for pur- chases made in or through that country has been over 100,000,000 rubles. Prior to 1921 the shipments to Sweden were effected chiefly through the agency of the Skandinavska Kreditaktiebolaget. After 1921, the gold sent there by the Soviet Government was con- centrated in the Enskilda Bank. By the middle of 1921 there was in Sweden about 35 million rubles gold belonging to the Soviet Gov- ernment. The shipments made to pay for purchases in Norway and in Denmark have been much smaller; they hardly exceed 20 million rubles. Purchases effected in Germany in the period from May 15 to December 31, 1921 only, according to the data of the Bolsheviki mis- sion, amounted to 321 million marks, and gold doubtless had to be shipped in payment for these purchases. Soviet purchases in England amounted by August 31, 1921, to £5,620,000, and they were almost entirely paid for in gold. Three Russian gold shipments to France have been recorded, including 50,000,000 francs made in September 1920 on the steam- ship Petrell, 50,000,000 francs made in October of the same year by the steamer Janine, and a shipment of 11,335,000 francs gold landed at Calais in February 1921. All these data are, of course, incomplete and fragmentary. . +. . According to private information in our possession, the Bolsheviki had exported, to August 1, 1921 only, 451,000,000 rubles of Russian gold through the Estonian frontier and 74,000,000 rubles through all other frontiers. ... Large amounts of gold were remitted by the Bolsheviki to the governments of the secession states with which they concluded peace treaties. (Lithuania, Latvia, Estonia. Poland). Here are the respective articles in the several treaties: Peace Treaty between Russia and Lithuania. Art. XII, Sec. 3. “To remit to the Government of Lithuania three million rubles in gold within one and one half months from the date of ratification of the treaty.” Peace Treaty between Russia and Estonia, Art. XII, Sec. 1. “Russia cedes to Estonia fifteen million rubles in gold, of which eight millions will be paid within one month, and seven millions, within two months from the date of the ratification of the Treaty”. The Treaty of Riga between Russia and Poland, Art. XII “In accordance with the peace preliminaries of October 12, 1920, under the division relating to the participation of the territories

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