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

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Editorials in the American Press regarding the recent shipments of Soviet gold to the United States

Collection:: Economics Books

28 0 4 “When are we going to act rationally with regard to Russia? One might hazard the guess that when the interests of those who want to sell and lend to Russia become as influential as the interests which want Russia’s debt paid, the change will come. But there is another factor than the immediately commercial. The revolution has occurred; it will not be undone. The Russian people accept the result. No one really thinks Russia would be better off if it would go back to czars, or that the world would be better off. But there is still a great deal of fear that, if we recognize a soviet govern- ment, folks over here may go bolshevik. That fear lacks the sav- ing sense of humor; things got pretty bad before Russia revolted. Unless we mean to let things get pretty bad, we need not fear communist. “The French revolution was worse than the Russian revolu- tion has been. The resulting form of government, a republic, was overthrown and overthrown again, but it is in good standing today with the nations of the world. Reading from our own past, we know that our own future will see us on good terms with Russia. Meanwhile, how much profited is the world because we undertake an attitude of aloofness and coercion, because we turn back gold which we say is stolen while we pay out gold for oil that must be equally stolen? Is there not some common sense reason and a regard for the future of civilization in asking whether it is not time to adopt a more helpful attitude toward Riissia New York World, March 8, 1928 SPURNING RUSSIAN GOLD “After two weeks of deliberation the Treasury Department has decided that the $5,000,000 in gold sent to New York by the Russian Government shall not be permitted to pollute our national stock of money. The gold was sent here to pay for goods which the Soviet Government intends to buy. We are glad to sell cotton, locomotives, motor-cars, farm machinery and other goods to Russia. Payment so far has been prompt, and our trade has been growing. In our sales to Russia last year we were surpassed only by Germany, ind 23 per cent. of the Russian imports came from the United tates. “Yet never have we been paid with tainted gold. We have been quite willing to take bills of exchange and even gold itself if It has first been purified by passing from Russia through the hands

Access restriction

Copyright

fullscreen: Russian gold

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation