The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1925-08-01
Concessions and Leases

Concessions and Leases
The function State which limited principle to
supervising mixed and private companies become in
ce more serious control For example, concessions and
leases all impose minimum production Article 1862 of the
Civil Code requires its fufmen This therefore, imposes
private enterprises public responsibility in the interest of
national production and public property To this extent these
private explorations are still public enterprises
State syndcates
These are institutions very illustrative of the adapatbily
and ponane of the present economic structure The Syn
dictate combine of Trusts similar in organisation
and object to the Syndates organised by Big Business else
where 1t is like them free association by Articles of auono
nous enterprises under central management which has I'M
Russia Judicial personality But whereas the Trust State
the Syndicate private association which yet
been regulated The Syndicate
Council being the better coordination and cooperation of
the Trusts operations the sale of their
products and in the acquisition of material.
The Syndcates directly under authority of the Supreme
Economic Council This authority concerned with consent
for the syndcaisaon of any Trust with the confirmation of
directors and auditors the appointment of its auditors the
Inspection audit and accounting confirmation distribution
dividends Syndicate usually
through agent of its members mad consequently does not
require working capital
Syndcates in rapid process development They
in fact amagamaton on national basis Of the ndi-
vdua Trusts engaged each industry and the more important
industries such textile OIL hides tobacco metals etc.
all syndicated.
Industrial Congresses
These conventions representatives of all the Trusts
engaged IN any industry with permanent secretara They
have legal status but recognised and summoned
generally reproduced in its decisions They both interesting
and important institutions in the reorganization of production
Private Enterprise
Economic Policy private enterprise is in
INSTRUCTED in the largest of Russian production
agriculture home industry, handicras
starn Large mechanical industry nationalised but its
machinery and equipment be practically privately owned
which obviously will complicated questions of ownership
All industry national and private is business basis
but national industry conducted and vateindusy in var
degrees controlled of the National Economic
Budget Gospan National industrial enterprises contract
and compete between themselves but there yet little
opportunity for such competition On the other hand the COM
petition OF private enterprise encouraged in SO far as it is
stmuant to the energy and efficiency of the national enter
prises
Competition of Public and Private Trading
Although under War Communism private property in
principle abolished and private capital wherever possible
scated yet with the introduction of the New Economic POLICY
private enterprise revived Immediately and seemed to have al
the financial required Private enterprise in
deed at first over-captaised and the result combined with
excessive profits boom with all its usual accompani
ments of profusion and prohigacy.
Private enterprise having succeeded somehow another
in preserving accommodating of capital under
War Communism secured start under the economic
in competition with the co-operaves Govern
co-operatives recognising, and
private enterprise secured the greater part in cases
to trace the of this competition in representative
In textiles Government enterprises transacted in 1922
year of the New Economic Poicyabout 60 per cent
all retail trade cooperatves about cent and private
traders "a per cent In salt the proportions Govern
33 cent cooperaves 20 cent private AZ
But this start secured by private enterprise owing to its
being quicker off its moorngs gradually lost as the
cred BY 1923 find the Textile Trust selling to
Trading Syndicate SO of its output instead of
the Linen Trust which left at the post per cent instead
of cent While the general of output taken by
private enterprise only about 20 cent In the following
hafyear of 1924 the Government Syndcate took Of
textiles 80 cent of WOOL 45 cent, of nen 16
per cent while private enterprise recovered general
80 per In salt the official syndicate took much
1928 which, however fell again to 30 per
in the, first half of 1884
(To be continued in ssue)