The Indianapolis times., 1930-12-12
CriticiSeS 'WreCkerS' of
Business With Russia
in Interview.
PREDICTS U. S. DOLE
Aims Shaft at TreaSury'S
New Regulations TO Bar
Reds Goods.
BY LYLE G. WILSON
United Press stan Correspondent

man William Z. Borah of the
senate foreign relations committee
warned today in an interview with
the United Press that if the
"wreckers" of Soviet-R Amer
lean trade relations have their way
this country will suffer vast eco
nomic loss.
And he warned, too, that the
United States is approaching the
dole.
The seantor's shaft was aimed at
the treasury, which has Just issued
trade regulations which he believes
are designed to ruin Soviet trade
with the United States.
His remarks were prompted partly
by the interview recently given by
the United Press in Moscow bv Jo-
seph V. Stain, so-called Soviet die
tator.
U. S. Needs More Markets
Borah feels the Stain statement
merits consideration regardless of
what may be thought of Stains
policies or methods.
Borah is one of the outstanding
advocates of recognition of the
Soviet Russian government.
But in his discussion of Soviet
problems today Borah limited him
sell to the economic aspects of the
situation.
Everything possible is being done
IN these days" he said, ITO break
down our trade with Russis-agita-
tlon, and attacks, and treasury
regulations, all calculated to inter-
1ere with and embarrass trade with
Russia at a time when, above all
Things, we need foreign markets
Russia has purchased of ou,.
people, in the last few years. nearly
eight hundred million dollars worth
OF goods. That gave employment
10 a great many American work
men.
Some One viii Get Trade
But the extent of our trade with
Russia in the past, unless the
Wreckers have their way. will be
greatly increased in the n, Few
/ years.
The Russian trade is theAw
some one is bound to enjoy it. In
spite OF everything we may do. the
HusS1an trade will go on. We NAV
succeed IN sending it to other coun-
trles. But we can not DESTROY the
market itself"
We have close to five million
men out of work for some time.
We are approaching the saddesf
and most condemnatory spectacle
OF a free people-that is the dole
Recognition Fight Foreseen
1T is humiliating and demora-
ll1ing thing in this country OF stu
pendous wealth to have a part OF
the fine citizens of the country 90
ing daily to get something to eat,
Notwithstanding this condition
OF affairs, the treasury regulations,
whether SO designed or not. are aid
ing greatly those who would stop
all trade with Russia.
For every dollars worth of goods
Russia sells to us, we sell SIS worth
OF goods to Russia. And most Of
the commodities sent to this coun-
try from Russia are not produced
here"
II recognition agitation developed
1t would be on some such argument
as the foregoing, that it would be
urged on President Hoover.
Huge Trade With Russia
Borah is not alone in the SEN
ate in favor of recognition. Notable
among those who agree with him
on this matter are Senator Cutting
CRep.. N. M and Senator Wheeler
CDem., Mont), but there appears no
possibility of any action soon.
1t is only a short time ago" {"
Borah continued, when one of our
distinguished American statesmen
declared that Russia was an eco
nornic vacuum and would be so long
as the present regime controlled
Russia.
AFTER making that statement. he
sank back in his chair and. no
doubt, dilated on the marvellous dis
play Of wisdom which had lust
taken place.
Nevertheless, the foreign trade
Of Russia last year was something
like S090,0O0,OO0 And it is esti-
mated that by 1888 it will run to
$1,000, 100000.
This economic vacuum now is
buying something like SI5O.OOO, 600
from the people of the United
States, s126,000, 900 from Germany.
and something like s120,OOO,0O0 from
England.
Dealing With Emergency
"At present we are doing the best
we can to deal with an emergency
at least that which we regard as
an emergency-voting great sums
of money to give people a chance
to work on public buildings, public
works, road and so on and so fo-th.
But am wondering what we
will do when the public buildings
are built and the roads are COM
pleted and the treasury has been
drained as low as We dare drain it.
Unless we secure markets for our
goods, the unemployment will con-
tinue. We ought to be deeply con-
cerned In extensding our foreign
trade in every way possible.
The two countries where we find
the greatest undeveloped markets
in the world are China and Russia
400 600, 900 people in the one coun-
try and 10000, 900 in the other No
country is in so advantageous a
position to develop them as is the
TT,,ifod c%of1~y