SOVIET RUSSIA.

Hokitika Guardian, 13 August 1925, Page 2

SOVIET RUSSIA.

[Australia & N.Z. Cable Association.] SOVIETS WANTS MACHINERY AND LONG CREDITS. LONDON, August 12. Four delegates of a Russian Textile Syndicate have arrived m England. They declared that, if satsifactory terms were offered, they mean to buy four or five million sterling worth of textile machinery in Lancashire and Yorkshire. They arrived by way of Germany, where favourable offers were received, but they preferred English machinery, with which the Russian operative was familiar. Ilie delegates point out that their syndicate consists of forty-three trusts employing half a million workers. They further desired to give a two million pounds contract for the erection of five new mills. All the contracts hinge on the possibility of obtaining long credit. HESSIAN SHIPS TO BE RESTORED. LONDON, August 12. Tho “1 lmes’s” Paris correspondent says:—France proposes to restore to the Soviet the ships formerly commanded by A\ ran gel which have been long interned at Bizerta. It is understood it he Government intends to give effect to the recommendation of the Committee of Deputies to treat the ships separately, from the question of settling Russia’s pre-war debts. They will be sent to a Corsican port and handed over there to enable the transfer to he carried out without any publicity, as it is feared if surrendered at Bizerta. the Communists will utilise the event for a demonstration.