RUSSIAN CRISIS.

Taihape Daily Times, 29 December 1917, Page 5

RUSSIAN CRISIS.

BOLSHEVIKS' FINANCIAL COLLAPSE. RUSSIA’S RESOURCES ABSOLUTELY RUINED. INCOME SOURCES DRIED UP. Received B.SO. LONDON, Dec 28. The Morning Post’s Petrograd correspondent says the Financial Commissary’s report on Russia’s finance shows, after six weeks administration the Bolsheviks are forced to admit that the State's resources are absolutely ruined. No Stale imposts have been incoming; railways ceased to be a source of income, and all other sources of income • have dried up. Field Headquarters has issued a communique stating after several weeks, during which there were no operations on the northern'■ft'ont, fraternising has been plentiful. The communique indicates that- at least two-thirds of the Russian lines are still in existence, independent of the Ukraine. Government, which haS ‘as.- ;i sumed 1 responsibility for-the defence-' oU its sector: against Germany.- a.qmi

FRANCE 'AND, THE BOLSHEVIKS.

Received 11.20"PARIS, December 28. " M. Piehon, in the Chamber, said : it was imposible to enter Into relations with the .Bolsheviks. Their: latest acts were a violation-■ of the Pranco-uRS'- 1 sixth alliance and of their most sacred obligations. . ,a..