The Chattanooga news. [volume] (Chattanooga, Tenn.) 1891-1939, 1920-11-11
IVANDERLP Tells
OF HIS BIG DEAL
Russian Soviet Government
viii Buy Billion Dollars IN
Merchandise in U. S.
MAKES REPLY TO COLBY
Acquisition Secures to United
States Control Of Oil Sit
uation in Pacific.

=
Moscow. Nov. li.--CBy wireless 70
Berlin. ~ Copyright, 1890, by I. N. 81
The soviet government OF Russia has
contracted To purchase 81 0O0.000. 900
worth OF merchandise In the United
states In 1921 through the syndicate
headed by Washington d. Vanderiip. q
banker OF Los Angeles. Cal, II was ans
nounced here by Mr. Vanderlp before
his departure for Reval IN a special
train. The American financier said no
was Wen satisfied with the result Of
his negotiations with the soviet govern.
ment, and this sentiment was echoed
by Russian officials. The Commercial
order secured here Tor fulfilment In tho
United States Ia tho biggest In the hiN~
tory Of the world. 1ss a
tional News Service met Mr.. vandefiir
at tho foreign ofiice Just after he hnU
signed the contract for q long lease On
a gigantic slice OF Siberia ana Kam~
chatka--a tract as big as an empire.
TN the ,,r,ss banker was W smiling and happy over
lnternatlonal News Service the follow
Ing signed statement:
For the Foreign Press and tho Amer
1T has been brought 10 my aftan-
tion that our secretary Of state. Mt<
cambridge Colby. made statement 20.
tho eifect that I was IN Moscow az tlleI
inatigation OF Senator tnow president 4
elect Harding negotiating for recoe-
milton of soviet Russia by thU unitN1j
states. 7 came 70 Russia 70 acquir&1
for the Vnnderiip syndicate on kef1uH|
OF sixty years, 100000 square miles o<|
Russian territory rich IN oil, coal anal
fish. This acquisition gives the United
states control q the Oh situation oni
Understanding whereby ths Nussian NJ
government win purchase IN the uniteH|
states during 1921 merchandise woftH|
81 ,0OO DOC. .000, Offering In payment ko|'L
platinum, furs, oil. oil products. nlAH<I
grain and other raw materials.
Great quantities OF these nuppiiH<|
are ready for Immediate, shipment <<I
America The commodities not nee}f<1|
n the. United States win be dlstributtd
few months the unsettled conditions lnI
tho far east which have enabled JApAN|
to secure almost q complete uionoB1txI
on trade will be brought back 80 nssf<'
NH, NH, md md goods purchased % " A,nssiIs
ports over the Chinese Eastern railway
aud the Tranaiberian railway. AZ wall
as tho Baltic Heapnrts, the Murnan*A
ports and the Black sea ports,
''The vandsrllp syndicate purrss<s
, g Act az fiscal aEents for sho huss.zH
restoration Of trade trafiie and t0<
abandonment OF tho British hiucknaA.
Tho Russian government Ia pWffMU6{N
capable ~ carrying out my trade coss*
nssd SaS' ps,wssa s"sss bseasna i ana L sassns y o &
terest Of the soviet government h a.
peinn economic FplallonM such AZ A<lfti<
lated Nv this contract.
Tho Russian Kpytrnmsut NJ thN 0H1
NOT moi been ~ 'shIanssd Il up&sids y tl.ss%
years. whi6h il nnl true ii any t<HS<
flFHs .eintN tiur4tcNn Power
IAN parts ~ M United Htatsa eI|t
nsnsm is,loms G nv csiroPnis Il A,ns ses
Washington 70 Florida: Factories WIN
EXPAND and run on fhifftlfnt Farmers.
merchants and nii classes of labor VIII
share ~ the prosperity. II the ma
tolerate tho chaotic conditions now prN~
vAliing IN EuFopN they must netxa tfsi8
great opportunity 20 bring pNAce ana
Reconstruction ~ the world. The. key
stone 81 these CONDITIONS y ne onsn- e..
United States and tho soviet hussiAn
ronublic."
THE following Ia 4 list cf goodn which
Mr.. vanderllp snld are @ be pur~
derlip syndicate,
one hundred ocean, going steamers.
1000 river steamers tnotCrbnatn ana
launches: 800 electric locomotives Loco
ttA@NNttM%N
500 sets o. pumps and accessories. 5000
ssts OF telegraph and telephone nppa~
ratus,. 5000 sets OF automatic block nfHr
TENS for the railways. 1000 Geld storage
plants, go dreAGea for gold mintnKs
900 excavatnfn for new railway con-
atruction, $50 dredRes for river ana
harbor Improvement, 1000 electric
power house installations, hydraulic
machinery, 100, ,0e0 tons Of steel for tool
making. o,A00 weighing scales aud
measures, 10000 typewrlterN, i6so0oNpu
pnOna Of coal, ak. .0ON 600 pairs 0f *Mw
rious kinds of, footwear. a.d00o0o pools
of hides. 5000 600 p0oda Of fiax and
hemp products, 500 900 900 tina of cous
aenaed milk. 0O.00oN00 tins Of meat
and other preserved stufls, 1905. 200
poods OF resin. 100000 pooda cf coppaK,
200, 900 pools of aaltpeteT. i.npe.g
poods of chemical products. erD0e.Qee
pnodn Of tanning materials, s.u0p.aeu
noods of dyes and dyeing materials.
k 900 railway locomotives. 10000 raiiz
way box cars. a,000.O0o tons of nteH
rails and rail fixtures 1000 Kngrlsn@
and steam tractors for agricultural ruKN
noses, Loco, 900 piowa. cultivatorp. kuN~
Ing machines, binders and other fnnd~
ern agricultural Instruments, 1000. .aeo
linotype machines. 1000 iathee. taN
large slna steam boilers. $50 water t1k@
hines, ab0 narrow gauge locomotives
ZOO genorp tors, $50 gas motors. tosQn4
auto trucks and carts. 6o,0e0 eieel4lt
motors and dynamoa. 70o.o0e.00e frelN
~ various kinds. $4,000 tons OF Inetal4