The Bemidji daily pioneer. [volume] (Bemidji, Minn.) 1904-1971, 1921-07-25
ARGOS IS BUYING FOR
MANY MILLION RUSS
aeI... By Lloyd Allen, ..
UNITED Press Staff Correspondent

| . 10 3.
I London (By MALL Soviet Russia
has established a branch of the
worlds buying corporation here In
London. 1t is called the Al1-Russia
| Co-Operatiye society, but is generally
known by the simpler title Of Arco2
and is buying goods for the 10000 j.
OG6 people of Russia. & .saGs".
Six months from date the Soviet
representatives in London believe
ARGOS, in addition to y, being .. the
worlds greatest buying concern, will
also be the greatest selling corpora
rtion on the. globe, because they say
| by that time .Arccs will be deposit
! ing Of the products of Russia's $780,
100000 workers. i2 .,ss =.
Great headquarters of ARGOS is il,
Moscow and goes by; the Russian
name OF Narkomvnie.htorg. which
means, in plain United States,
Peoples Commissariat for Foreign
Trade" with Leonid Krassin as chief,
dividing his time between London,
Berlin and Moscow. sT-
There are ARGOS branches in Stock
holm, Reveal, Berlin and one or two
pttiSA4g LII opSetn SItIS2, tto .NSlA DIS LII
London.
Today London branch of ARGOS is
housed in a four STORY building in the
heart of tho city and works in Co
operation with the Russian Trade
Delegation. -
1T has 4 staff of 200, including a
board OF directors and number of
experts in the various lines of trade;
also engineering experts and SO forth.
Six months hence the Soviet repre-
sentatives expect to be using a staff
of between 500sand 600 to carry on
rapidly growing trade operations and
eventually q staff Of 200 will be re-
qluired. g. .f = ...'
In furtherance of these somewhat
elaborate plans, a big building has
been bought and paid for in hard
cash for a consideration of $250,000
-llominally about 81 100000.
This building, will accommodate the
1000 workers previously mentioned.
It is located on Moorgate street close
to the great Bank of England in the
midst CT London's financial district.
TT will be principal trading center
for Russia.
- A second set of offices will be
maintained on New Bond street,
(London's exclusive shopping street.
where Leonid Krassin now has his
headquarters.
Russia's diplomatic affairs will
some of these days be administered
from the former Imperial Russian
Embassy, according to Soviet expec-
tations. sfT v~ ~"".
= Just now possession of the luXur-
ious embassy is impossible---but when
the Russian political treaty is signed
between Great Britain and the Sow
lets, the embassy will be turned over
to the present MOSCOW government
and soviet circles predict, and ore
sumably the Red Flag CT Sovieitism
will be flown from fagstaffs that once
held the Imperial Russian banner Of
the Czardom days. 80 81 5,.-e.1 !
( The foregoing describes only part
OF Soviet Russia's business invasion
of England Another important feat.
ure of the huge trading machine now
being created will be a Soviet bank.
esT These steps have been taken since,
the, signing of the Anglos.R Russian
Trade agreement last spring, which.
has been formally interpreted by the
Britis. Foreign Office as Britain's
recognition of the de-facto Russian
government. - - >stss -. !