CLAIM ON SOVIET
'FOR £56,000,000. BY BRITISH COMPANY. £United. Press Association—-By Electric Telegraph.—Copyright.] ’ ' LONDON, October 29. f At a. meeting of the Russo-Asiatic Consolidated,, Mr Leslie Urqiih'art,- the Chairman of the company, commented on. the Soviet’s refusal ,to meet the company’s claim for fifty-six million pounds sterling for properties confiscated in 1917. He pointed out that as the result of the Soviet’s dishonest repudiation. of its debts and obligations, the Soviet Government trade - ,'bills were . discounted at such high Tates in every country o£ the world, that its imports of seventy or eighty millions sterling worth of goods , annually cost them at least twenty millions more than'would have been pa id hv any . honest nation. This sum, le said, aggregated 250 millions sterling during the last decade, and it would . have gone a long way towards an honest compromise with the creditors.
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Hokitika Guardian, 31 October 1929, Page 5
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142CLAIM ON SOVIET Hokitika Guardian, 31 October 1929, Page 5
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