Evening star., 1920-11-26
PROTECT
OUTSIDE INVESTORS
New Soviet Decree Permits
Exploiting Of Russia's
Natural Wealth.

LONDON, November 25 tby the AS
sociated Press).-The supreme eco
nomic soviet of Russia, says a Moscow
wireless message today, mas issued
decree pointing out the general prln-
ciples on which foreign capitalists
viii be permitted to exploit the nat
ural riches of Russia.
The soviet government has re-
ceiyed requests from foreign capi-
taIlsts to AFFORD such rights, the mes
sage states. and soviet Russia requires
offers of experienced forces and large
material means in order to Great te
within the boundaries of Russia an
jnexhaustible source of raw md.erla. :
for manufacture on the spot anu
abroad.
A new law permits foreign capltai.z
lists to work the natural rlcnes VI
Russia. the message declares, recel' :
ing in return the right to export
abroad a. portion of their productson'
The soviet government promises iol
eign capitalists that nothing tney IN
vest in undertakings in Russia snai'
be nationalized, confiscated or requi.
the right to engage workers anu
other employees in accordance with the
existing law on labor in RUSSIA.
Vunderlip Takes Full Credit.
washington D. vanderlip said to-
day that this reversal in economic
policy of the Russian government was
a direct result of his visit to Moscow
as business man.
Mr.. vanderlip said that during his
first conference with the bolsheviki
they insisted that whatever conces-
sions were granted him should be
worked under soviet laws. He replied
that no American would agree to such
terms, and the conference broke up.
The following day, however, he was
notified that the concessions would be
granted without restrictions as to
methods of development.
According to Mr.. Vanderlip, Nikolai
Lenin, the bolshevik premier, sent
word to the conference to grant the
concessions. and let them be devel-
oped as in the United States. The con-
clared. did not ev.n include the res
ervation contained in the wireless
dispatch from Moscow TO-DAY that
capitalists may engage Russian
workers IN accordance with the exist
ing labor laws"
Calls vanderlip Plan Gamble.
NEW YORK. November 2S.-The
New York Herald says:
Washington D. Vanderlip's ambi-
tious plans for the. development of
oil and coal deposits in the unexplored
Kamachatka peninsula in Siberia.
through concessions from the sovie t
government are based on nothing
more substantial than "the imagina-
tive dreams of prospector," in the
opinion of widely known oil man.
who told the New York Herald yes
terday that he knew Vanderlip and
had joined with friends in California,
to the extent Of "a few dollars" in
putting up a grub stake" for the
Siberian expedition.
In the opinion of the Herald's in
form4nt. Mr.. Vanderlip has never had
the experience necessary for q sue
cessful development of the Siberian
concessions. even if oil and coal were
to be located In paying quantities. The
country. he said. was entirely unde-
veloped and without means Of trans
portation, and even the most extern
sive coal and oil deposits would be
value!ess unless there were means of
bringing them to the outside world at
an expense that would not be COM
mercially prohibitive.
The oil man declared that it was the
general belief OF American capitalists
with whom he had talked, that the
present Russian government was so
unstable and unreliable as to make
the investment of American money in
Russia too precarious for serious con-
sideration. sa
1t was said by the Herald's inform
ant that the comparatively small sum
he had hazarded in the Vanderlip ex-
pedition had been advanced by him in
what he had frankly regarded as a
gamble. ..z..a
Il regard the whole thing as a tenn
pest in teapot" said he, land am
quite unable to understand why any
one should take the matter very seri-
ously."
Find Reds Among Refugees.
CONSTANTINOPLE. November "a
The French authorities here have ar
rested more than 100 Russian bolshe-