The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1928-11-12

battleship, another American quiet
ly and unheralded will be on his
way to Russia Charles Dewey,
Hoover's friend, is making an un-
official pleasure trip from Warsaw
to Moscow.
1t is observed that while our
diplomatic and trade relations with
Latin America need mending, we
have no diplomatic relations what
ever with Russia and trade would
be improved by resumption of Of
fetal intercourse.
Now there may be nothing more
than coincidence between the
Hoover and Dewey pilgrimages-and
again there may be much more. But
even the coincidence has the Wash
ington diplomats "by the ears" for
the international implications are
obvious.
Dewey was secretary of Tire
treasury here until he became
financial adviser to the Polish gov
eminent.
He was and is one of that power
full quartet of officials who form
ulate and execute the United States
international commercial and finan-
cial policies.
That is. Dewey is a close associate
of S. Parker Gilbert, agent-general
for German reparations, Secretary
of the Treasury Mellon, and Hoover.
The nominal purpose of Dewey's
trip In addition TO pleasure, Is to
examine the possibility of expand
ing Polish markets in Russia and
thus stabilizing Polish economic
conditions.
Dewey, therefore, will have occa-
sion to make very thorough study
of the Russian situation as regards
agricultural conditions, industrial
production, electrification, the new
Moscow concessions policy for en-.
couragement of foreign capital, the
stability of the Soviet regime and
it's attitude toward foreign propa-
ganda.
AS a friend of the President-eleCt,
it is assumed Dewey will not be so
ungenerous as to refuse to share
with Hoover his data and appraisal
of the Russian situation. And Hoo
yer, who is VIGOROUSLY fond of facts,
is not expected to be altogether UNI
interested in the Russian researches
of his former cabinet associate.
WHETHER the Moscow govern
w ment particularly is inter-
ested in Polish trade at this time,
OF whether it is much more con-
corning with possible American
implications of Dewey's survey, the
Kremlin is expected to go out of
its way to make Deweys trip worth
while for all concerned.
For quite unofficially, though very
concretely, the Washington and
Moscow governments both said to
realize that they are going to get
together pretty sooner not for a
long time.
That is, the Moscow government
can no longer look forward, as it
has in the past, to a change of adj
miniStration in Washington to
create a better basis for joint nego-
tiations.
The change is now being made.
Hoover is the man they must deal
with, if at all, for the next four
years, or perhaps for the next eight
years. $
Both from the standpoint Of
Washington and of Moscow, there
fore, it appears that the time is
approaching for unofficial feelcrs.
Whether such feelers result in
eventual diplomatic recognition
would depend upon Moscow's ac-
ceptancc of the rather hard bargain
which Eoover is apt to drive on the
three-fold issue Of DEBT funding,
property claims and propaganda.
In diplomatic circles here the
tendency is to emphasize the inn
portance of the recognition" OF tho
soviet government by the General
Electric Company, and of the gen.
eral growth of Russian
trade, as creating a favorable
background for Dewey's misSions
The General Electric contract, ans
nounced three weeks ago, provides
the first long-term American credit
to Russia, amounting to S26,000,000
for purchase of electrical equip~
ment over an eleven-year period
The contracts significance is
heightened because it involves q
satisfactory but unpublished settle%
ment of the General ElectriC'S
claims arising out Of the Russian
revolution, which are typical OF
American property claims hitherto
helping to block diplomatic recog4
milton.
TINE recent unprecedented growth
J. of American Russian trade and
commercial contacts is described in
the current issue of the Sovie'
Union Review. just out. 1t says:
Soviet orders placed in tht
United Stats during the year (endt
ing Sept 800, amounted to nearly
800 100000, as compared to Russian
orders of approximately $40,00000(
before the war During the year q
number of important contracts were
closed with American industrial and
technical corporations Chief o.
these was contract with the Inter-
national General Electric. An agree
ment was concluded between thu
Radio Corporation of America ane
the Soviet state electrotechnic9
trust for exchange of patents anC
information and for technical assist
ance from the Radio Corporation
Several other contracts with tech,
nical firms were concluded, and TIN
scope was extended in contract
with firms such as Hugh L. Coepe
81 Co., the Freyn Engineering Com
pany and Stuart, James 81 Cooke!