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PRIVATE TRADERS IN RUSSIA.

DECLINE IN PROSPERITY.

(BI CABLE—PBESS ASSOCIATION —COPYRIGHT.) ("the times."*

(Received December 7th, 7.5 p.m.)

LONDON, December 6,

The correspondent of "Thq Times" at Riga reports that the Communist leaders hail, the decline of the prosperity of private traders as one of the chief victories on the home front.

All the speakers at the Communist Congress emphasised the decline as a grealt achievement, M. Stalin declaring that traders and vodka were necessary evils, useful for oiling the financial machinery. The vodka monopoly produced £50,000,000 a year, and he hoped for an increase of 300 per cent, in consumption, owing to improved distribution.

M. Mikoyan, Commissar of Trade, printed out that the total of private trade declined nineteen per cent, in 1927, and wholesale trade twenty-two per cent., owing to special taxation, the withdrawal of credit, and stricter control. These facts were paraded before Congress in refutation of the Opposition's accusation that M. Stalin and his followers were unduly sympathetic towards the bourgeoisie.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/CHP19271208.2.86

Bibliographic details
Ngā taipitopito pukapuka

Press, Volume LXIII, Issue 19178, 8 December 1927, Page 9

Word count
Tapeke kupu
165

PRIVATE TRADERS IN RUSSIA. Press, Volume LXIII, Issue 19178, 8 December 1927, Page 9

PRIVATE TRADERS IN RUSSIA. Press, Volume LXIII, Issue 19178, 8 December 1927, Page 9

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