BANKRUPT RUSSIA.

Levin Daily Chronicle, 29 December 1917, Page 3

BANKRUPT RUSSIA.

Germany Scheming for her Food " 'Stocks. [ELECTRIC TELEGRAPH —COI'YIUGIIT.] (,I'ER PIIIiHH ASSOCIATION.! .Received Tli-.'s J>;iy 10.3 a.m. London, Dec. 28. Morning Post's Petrograd correspondent says tiie Financial Commissary's report on .Russia s finances shows that, after six weeks' administration, the Bolsheviks are forced to admit that the State's resources are absolutely ruined- No State imposts have been incoming. r ilie railway have ceased to be a source of income, and all.other sources of income have dried up.

.Russian Field Headquarters has issued a comniuuafter several weeks durin;!' which there have been no OjVM'al t ou-< on the front. Fraternising has been plentiful.

The communione ind "::ies that at least two-thirds of tit' l I'ussian lines are still in existence independent of the I'kraine Government, which has assumed the responsibility for Die defence of its sect or a. ga i n si»Genua ny. Amsterdam. Dec. 2S.

Negotiations have begun for the restoration of traffic between IJussia and Austro-Genuauy, ihe latter honing that food supplies from "Russia will save a critical situation in Germany.

Tlie Russian-delegates have replied to the German peace terms expressing gladness at. the Central Powers' acceptance of the "no annexations" principle and a democratic peace, but not of their reserve regarding the liberation of subject races.

Russia proposes the creation of a special commission to studv tlie question of colonies deciding their own status.

Russia also asks for the suspension of negotiations until January 4 to enable the other belligerents to consider proposals witlv a view to joining in tlie pourparlers, which will tlion be resumed whether the other couritrios participate or not.