The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-10-20
ECONOMIC GAINS
IN SOVIET union
Get 7-HOUR DAY
Continued from Pane Onel

Continued from Page One)
large industry exceeded last year by
six per cent the pre-war production,
and during the first part of this year
the percentage of production over pre-
war times rose to nineteen per cent.
The total number of workmen en-
ployed in large and small industry
amounts to seven millions and to-
gether with the self-employed it
amounted to 10,500,000. Several
branches of industry have consider
ably surpassed the pre-war normal
production. Coal production last year
exceeded pre-war production by ten
per cent. Oil industry exceeded it by
thirty per cent.
Further statistics given by Kuyby-
chev were that electric power stations
have risen to production of $780,
900 l1ilowatts against 100000 in 1918.
The capital stock of industry increased
last year by 9.8 per cent and during
the early part of this year by an in
crease of IL per cent. After expenses
were made capital construction
amounted last year to 1,492,000 600
roubles. In the current year it will
amount to 2,333,0O0,000 roubles.
The wholesale trade turnover
amounted to fifteen billion roubles,
being four times larger than the turn
over in 1928 The detailed turnover
rose from six billion to 1913 billion of
roubles.
Agriculture Up to Par.
In agriculture, also, there is rapid
development. The crops area have
reached the pre-war level. The in
crease in capital stock of rural econ
ony amounts to four per cent.
The consumers cooperatiyes now
control fjfty-one per cent of the trade
turnover instead of four per cent as
IN the pre-war period.
The number of shareholders in con-
sumers' cooperatives amounts to 25,-
co., 600.
The general results of this recon-
struction show, reported Kuybychev,
that the greatest achievements of the
Soviet regime are on the economic
front. Industry is beginning to play
the leading part in regard to other
branches.
Big Industry Grows.
In the national economy, the spe-
cific gravity of large industry is con-
stantly increasing. Identification is
rapidly progressing. Industry, agri-
culture and transport funds are in
creasing. These achievements show
that the proletariat, having taken
power in such backward country as
Czarist Russia, and having shown I'M
preeedented heroism and enthusiasm,
Is capable of constructing and achiev-
ing socialism.
II regard to the further prospects
Of economic development, Kuybyshev
stated that the next five years will
be q period of socialist construction.
The further increase of nominal and
real wages and the growth of labor
productivity are the urgent tasks of
these next years, standing in close
connection with the establishment of
the seven-hour day.
At the end of these coming five
years the number of enterprises in
socialzed industry will amount to 81
per cent of the total industry as
against SO per cent in 1926. The trade
turnover of state and cooperative or
CARNATIONS will similarly rise then to
81 per cent. The number Of collective
enterprises then in rural economy will
increase from eleven to fifteen per-
cent, etc.
The new plan of work, Kuybyshev
declared will be for the next five
years a plan of industrialization of
the country and the construction of
socialism.