The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-08-01
Continued from Yesterday Daily Worker

sYNoPss-war Communism New Economic Policy
among interesting appeared yer
nstalment British Union Delegation
Russia now appearing every day in the DAILY WORKER
edns with
taken vOraby
on conditions in the Soviet Union
Trusts and syndicates
Policy restored only the fundamen-
tai right of private enterprise but also reereced
what similar superstructures to those that have in
other countries such Trusts Syndicaes Banks These
reproduced Russia organisations operating
Self-gOverning SeSupporng other
Business and High Finance in Russia both under direct
Government control and do elsewhere indirectly
the government In some cases as IN the Mixed companies
in which public and private capital participate forms have
been created And in all must be taken not to
use these trusts and Syndcates winch are development OF
naturalization business basis with European Trusts and
onazed all and industry and then the New
Economic Policy denaonaised all that without direct
national Importance but "sociaised Big Business and High
Finance With private enterprise preparing nationalist
ton from business basis by organising industry national
Revolution reconsrucng nationaled
industry and business basis The ultimate end
will be much the both But the present penul
mate stage very different producers rapidly
acquiring sufficient freedom for the efficient conduct of their
operations Europe present making little
no progress acquiring control profteers.
The rehabilitation of industry put in hand with great
prompude the end Of 1922 there had been created 26
each composed of factories mostly occupied in the
branch Of industry There also by then 20 Syndicates
Combinations of Trusts for financial and commercial coopera
ton All these well as the Mixed Com1anies operate UNI
der concessions
Concessions
Policy. the first Congress of Councils of Ma
Economy April 1918 issued decree establishing
for the attraction of foreign capital
and this decree only suspended owing to the last invasion
capitalist With the end of these hos
tities 1920 again became applicable, resumption that
somewhat the New Economic Policy The difference
the New Policy is that OF the powers
given under concessions privileged exemptions in the time OF
War Communism now made generally applicable by the
New Economic Policy.
Concessions Russia nothing peculiar in principle
only naturalization still much larger scale than else
where concessions larger scope they
other States But these Rus
concessions for public services Industrial exploitation
banking foreign commerce are SUBJECT 10 certain
minimum production applicable the
part only mining and such Another popularity
concessions in the form of contracts between
the State and private person. though they admin
uniatera AS whether concessions confer
RIGHT of ownership or only usuuc Article Civil
which that large industries not come into private
ownership otherwise than by concession to allow the
first Article % which only allows natonased enter
prses buildings be leased contempaes the
the concessonare may neither SELL mortgage nor
the conceded property and must personally exploit 1t
pain Of myadang the concession there can be prac
question OF ownership lie not even an owner
that English railways are in private ownership be-
exploitation strictly limited in time He is
he holds under concession
for periods allow of amortization of installation
expenditures whereas lease for more than IL years.
redures the return equipment does like the
cesslon exporter sell old equipment But the
ccssonae easeoder do have full ownership in their work.
ing capital, and, broadly speaking, in that alone
Leases
Besides concessions private capital can operate under
These are different concessions which concern only
rights in property that they deal with the property itself
short 612 years. great outlay and there not
short 6-12 repay outlay and three
the against loss due to legislation as in the con-
cessons 1880, ~,
departmental permit as in the case of printing business
decree December 2nd 1920 Russian Mixed Companies
also can rights work minerals small scale without
a concession