Norwich bulletin., 1920-03-06

the Russian peasant knows it is not | easy to convince him. His confidence must be won, and that is something that takes time.
 Finally, the lamentable condition of l the railroads make all transport very | difficult. This question must be solved | beIore Europe can buy in the Russian | market For, in reality, if Europe | wants to get Russian products Europe must establish order on Russian rail- roads. Europe must send locomotives and specialists"
 Herbert Hoover, in his statement printed in the American press on Jan. l IS, 1920, takes up the readiness of the l bolsheviki to pay in gold for the com
 modities imported and justly observes:
 After a few months. when they have ] exhausted the $50, ,000, 900 or $75, ,009, 900 ! In gold and securities which they have remaining from the amounts they have | stolen from the banks, then they will | need to export commodities in ex- change for inward goods. No one is going to give them credit. They have no commodities to export without
 causing further suffering to their peo- pie. They cannot export wheat when
 the population is hungry, not cotton or
 fax when they are in rags. Their i'm
 ports will then automatically cease.'
 
 the following: The so-called bolshevist
 government is unable to give Europe
 the raw materials and foodStuffs she needs because of the utter inefhcienry
 of the bolshevist administrative appa-
 ratus on the one hand and the diSor- ganization of transportation on the . other. The bolsheVih would not be
 able to collect and bring the raw ma | terials and foodstuffs to the ports even %Iaa rfe- %1
 part with these materials and food
 stuffs.
 Being unable to pay in commodities , the bolsaleviki are ready to use the gold in their possession, but the . amount of gold they possess is so neg 7 ligible compared with Russia's needs that the products they would be able . to import in exchange for this gold would not be sufficient not only for starting the productive processes ir 7 Russia but even for satisfying the i'm
 mediate needs of the starving popula. tion. Thus the decision of the allied S supreme council. even if it will result , in dealings with the bolsheviki vii 2 not help either Russia or Europe. V While Europe needs Russia's pro. d auction, Russia needs European ant
 American help to be able to re-estab e fish her productive processes. Rus = sia's need in this respect is enormou h since the years of civil war and an e archy instigated by the bolshevik = have destroyed her industries an, f transportation. First of all the trans V portation must be re-established, an a this alone would require the immedi s ate expenditure of not less than on l. billion dollars. It has been calculate .s that to bring Russias productivity t l., the level of even so backward coln n try as Austria Hungary was befor if the war, Russia would have to expen l.. within ten years the sum of s56,000 , 100000, or more than $5,000, ,000, ,000 if year. Of the sum of S56, ,o00, 900 ,0G
 s5,500000,000 must be expended fc .o building new railroads, and $3,5o0. 900 L. 0o0 for rolling stock. (See Prof. Jc J. seph M. Goldstein's book: "Russia l. Her Economic Past and Future" D 4 s9-91.)
 in The mere revival of Russia's ect m homie life would require an inves I ment from abroad amounting to SC, In eral billion dollars in the near futur
 Could this investment come even if u )e allies would go so far as to recogni; r- the bolsheviki? We doubt 1t. We b, ,d lieve that the well known bolshevi ,h crimes and treachery and hypocris nd and the fact that their regime repr, es sents tyranny which rules the gre at country-as far as 1t rules-again as the expressed will of the people, tn Id these facts will compel the allied n; tv tions to act with great reserve, al ar desirable as Russia's economic reviv f. is, to wait until the bolshevist tyranl r- Is overthrown and a democratic go ar ernment is established in Russia, he government the, stability and homes a. of which could not be questioned.