The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1921-09-23
RUSSIA Is
TURNING To
CAPITALISM
Couldn't Re-Fashion So
ciety at One Stroke
Says Kameneff.
ny EDWIN HULLINGER-

Tinted Press Staff COrrespOndenD
fCopvright, 1921. by United Press.)
Moscow, Sept. 23.-"The soviet
government has decided to return to
priyats capital all Industries
throughout Russia save four-rail-
ways. metallurgical, textile and
fpeI sources" III. Kameneff, head of
the Moscow soviet and member OF
the bolsheyik cabinet, declared in
an exclusive interview with the
United Press.
Reveals New Policy.
The complete scope of the soviet's
new economic policy was revealed
by Kameneff, who declared Russia
is on the eve of national reorganiZa-
ton Of d most sweeping character
which will include reinstallation Of
a large part of the capitalist ma
chinery abolished in the reVolu-
tons of 1917.
Kameneif, who was formerly Rus
sian trade representative in London
and is now one OF the real powers
il the bolshevik government, told
In simple English the story of Rus
sia's realization that communism
could not be attained at a single
bound and of the determination of
the present government completely
to reorganize Russia's national and
Industrial life and to make way for
capitalism.
A small man, with a long, flowing
brown beard, kameneff is not the
fiery figure of Lenine, but he will
exercise almost equal power when
the new regime is in force.
Private Banking Restored.
Private banking is to be restored
J in Russia, but On a cooperative
basis" kameneff said. The Ma
tional Bank of Russia will open
within a few days with a charter
IDENTICAL with that of the Bank OF
France. 1t will resemble the ma
tionaI banks of the United States.
Free financial intercourse with for
eign nations will be permitted.
"0f the four basic industries
which the government will continue
to maintain, fuel and oil sources
may be turned over to private ex-
pioitation with the government re-
tanning a measure OF control"
The bolshevih are ready, the
cabinet minister declared, to grant
Concessions to American and other
foreign capitalists for the exploita-
ton of natural resources of Rus
ai1
They are prepared TO discuss with
foreigners whose property was con-
fScated IN 1917 the question of in
demnity.
War Caused Extremes.
The new policy of the soviet
Kameneff said, meant that the gov
ernment was retaining the title tc
land and buildings and leasing
property to private firms the same
as an ordinary landlord
All restrictions upon private
commercial and Industrial activity
VIII be removed forthwith" Kan
eneff said. I'VE realize now it has
proved impossible to refashion SO
ciety at one stroke. We never
would have gone to such extreme:
Il 1t had not been that war condi
lions, both civil and foreign, com
PEELED iron measures TO preserve
Tie soviet's existence.
@GradUal EyOlutiOn.o
Dictatorship of the proletaria
was a war measure. For the frs
ume since 1917 we now are abl'
70 pursue policy of gradual evolu
uon, infusing socialist features a
society adjusts itself to them"
retention of public utilities ha-
established a foundation, the sovie
ieader said, whereon the govern
men can build later. At the sam
ome it is considered that control o
national agencies is still necessar.
ior defense of the country.