San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1926-01-03
By ALEXIS RYKOFF

tbcEin's successor; president OF the So
Wet Federal Council Of Commissars.)
MOSCOW, Jan. 2.-Thc accusation
against us by our detractors that we
have rcpudiated Russia's international
debt in total has been repeated so
,ersistently that it Is believed abroad.
My predecessor, Lenin, and a num-
Der of other responsible spokesman for
;fc Soviet Socialist republics often
have denied this allegation. Russia
ae-or has repudiated, but many claims
rc:tI.i to be settled.
~c have stated before and we
rc.tcrate today that Russia is ready
10 meet her creditors.
1t is extremely important to come,
IS soon as possible, to a complete
agreement with them. 1t will bring
tranquility and hasten the economic
reconstruction of the Soviet union
by promoting trade.
URGES TRADE WITH U. s.
We feel that it would also be to
the advantage Of the United States
and England to resume commercial
relations with us.
Five years ago our enemies outside
OF Russia were urged by our anti
Soviet intelligencia not to recognize
Us. becaNse such recognition by great
civilized nations Of the West and
beyond the Atlantic would strengthen
our power in Russia. Today no Rus
sian man or woman Of letters, science
or economics or any industrial spe-
cialist can deny that we are on the
road to recovery. Within short
time our imports and export will
exceed our prc-war figures. Within
another ten years Russian prosperity
will even excel that Of America to-
day.
Our detractors do not realize that
Russia suffered more during the
great war than any other combatant
nation.
We lost more men than France and
England together.
STATE WAS BANKRUPT.
The Soviet regime found itself in
10 top it all. nations like France and
England subjected us to a ruthless
blockade and armed anti-Bolshevik
cmigrcs in Europe melted neighboring
nations against US. After that the
great famine attacked us.
But Soviet Russia combatted these
difficulties one after the other and
came out victorious. 1t is only since
the early days of 1928 that we ac-
tually have had a breathing spell to
rule Russia.
1t is only since the latter part of
1923 that our detractors outside
ceased to prophecy that within another
week we would collapse.
As the humble successor of my
great predecessor. our beloved Lenin.
/ wish TO inform the world that many
Of the political weapons employed by
us before, during and shortly after
the revolution have been discarded
by Us today. not because we found
these weapons were undesirable but
because, having established ourselves
securely in power. We have no occa-
sion to utilize them any longer.
"OTHER MARKETS OPEN,
We need machinery. We need ag-
ricultural implements and We need
textile equipments. which we would
like TO buy in the American and Brit
ish markets like Ordinary customers,
TO whom are extended certain terms of
credit. But il we cannot make ar
rangements. recognition or no recog-
milton, TO make these purchases in
the British or American markets,
there are other markets open to us,
such as those Of Germany and Italy.
We realize that these nations cannot
extend to us long credits. For this
reason, announcement as it may be, we
have to make our purchases wherever
VIC can ON shor. credit.
But we promise the world that be-
fore many years the export of our
raw material being out Of proportion
10 our purchases, we will have an i'm
incnse gold reserve, and then we will
hc in Il position to remember our
friends.