The daily worker., 1933-10-23
NRA Failure Seen as
Spur to Roosevelt
in Bid to Soviets
World Press CallsMove
New Triumph for
Soviet Union

WASHINGTON, Oct. ~. - Faced
with an intensifiication of the crisis
and the failure of the N. R. A., which
is openly acknowledged in many
financial and administration circles,
and is beginning to be reflected in
many Washington dispatches, the
Roosevelt government is eagerly
looking forward to the increased
trade which the expected recogni-
ton Of the Soviet government will
bring.
This is the chief aspect of the U.
S.-Soviet negotiations which is being
talked of here. Based on previous
Soviet imports, an annual trade Of
minimum of $1Oo,0oo,oOo is expe cted
to result from the resumption OF
diplomatic relations, which everyone
here believes will come very quickly
now.
1t is also an open secret that the
moment which Roosevelt chose to
make his announcement-the day on
which the national farm strike
against the N. R. A. began = was
carefully chosen to smother the news
of the strike with the more excit-
ing news of impending recognition.
Soviet orders in America may well
go much higher than the figure of
$100,000,000 yearly. The chief source
of the necessary credits would be the
Reconstruction Finance Corporation,
or some other federal agency.
One of the chief subjects of the
coming conversations between Maxim
Litvinov and Roosevelt will be the
status of American claims of $780,
100000 to $400,000,O00, for Czarist and
Kerensky loans, and for American
property confiscated by the Soviet
workers. Against this, Washington
expects to face a large Soviet claim
for reparationS for Americas armed
intervention in the Soviet Union,
with large loss of life and destruc-
ton of property, after the Bolshevik
revolution.
French See n. 4. A. Failure
PARIS, Oct. 22.-President Roose-
velt's bid to Soviet Russia is called
an attempt to direct attention from
the difficulties of the N. f.. A. and
other factors of the Roosevelt re-
covery program" by the Paris Jour
nal des Debats."
lie Temps" semi official govern
ment organ, calls the event IAN in
contestable diplomatic success for the
SovletS." 1t adds, 'The re-esta blish-
ment Of relations with the United
States would for the Soviets serve as
brilliant confirmation of Russia S
return to the circle of great powers y
Alexander Kerensky, refugee head
OF the short-lived provisional gov
ernment which was overthrown by
the Bolshevik revolution, declared
that Roosevelt Is playing a danger
Gus game. Russia is not a depend
able ally" he said, "and this new
move may provoke Japan to imme-
diate action in the East"
Germans Disappointed
BERLIN, Oct %. - Sharp dis
FSAA''iiSiiv az IISSlQeLt ROOSEVELT S
overtures to the Soviet Union NAV
be read between the lines of ali
published comment here, while un-
official spokesmen express their dis
approval openly.
The Nazis see In the approaching
U. s. recognition confirmation of
Gernany's loss of Soviet trade. which
has been dwindling rapidly ever since
Hitler came to power.
British See Aid to Peace
LONDON, Oct. 22-The leading
British newspapers in their editorial
comment stress the influence for
peace and the growing war danger
in their comment on the Soviet
American negotiations for recogni-
ion,
The present event Is one Of the
,gest things that has taken place
foreign policy since the war"
IS the Observer"
he London Times saws "rhe
adow is approaching of what ma,
timately develop into a first-clas
5nflict," and welcomes the step as
an influence for peace