The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-01-25
Stain Retmes CambbelPs Lies About Soviet Union
Montana and eon1a Stain

persons who are not within our
jurisdiction. But we can assume
responsibility and give maximum
guarantee as regards the non-in-
reference of persons employed by
our institutions abroad.
Mr.. Campbell: May l commune
cate this to Mr.. Hoover?
Comrade Stain: Certainly.
Mr.. Campbell: We do not know
who are the people that SOW dis
content. But they exist. The po-
lice find them and their literature.
know Bron and I know him to
be an honest and candid gentle
men, conducting business honestly.
But there are some.
Comrade Stain: 1t Is quite pos
sible that pro-Soviet propaganda Is
conducted in the U.S.A. by mem
bers of the American Communist
Party. But this Party is legal in
the U. S. A, it takes part legally
in presidential elections, dominates
its candidates, and it is quite ma
turaI that also in this case we cam
not interfere with your domestic
affairs.
Mr.. Campbell: I have no more
questions to ask. Yes, I have.
When I return to the U.SA. BUSH
nessmen will be asking me whether
it is safe to do business with the
u. S. S. R. The Notwithstanding
companies will be particularly in
terested in the possibility OF grant
ing long term credits. May reply
in the affirmative? May receive
information as to the measures
taken by the Soviet Government to
guarantee credit transactions,
whether there is a special duty or
some definite source allotted for
the purpose?
Comrade Stain: am reluctant
to praise my own country. How
ever, since the question is put to
me, am compelled to state as fol-
lows. There has not been single
case when the Soviet Government
or Soviet economic organizations
failed to meet their payments accu-
rately and on time with respect to
credits, whether short or long term.
Inquiries can be made in Germany
as to our payments to the Ger
mans on the 300 million credit.
Where do we get the means for
these payments? Mr.. Campbell
knows that money is not raining
from heaven. Our agriculture, in
dustry, trade, timber, oil, gold,
platinum, etc.-these are our sources
of payment. Herein Is also the
guarantee of payments. I do not
wish Mr.. Campbell to take my
word for it. He is at liberty to
verify my statements, say in Ger.
many. He will discover, that never
was there any delay in payment.
though we were at times COM
PEELED to pay such unprecedented
rates of interest as 1920 per cent.
But as regards special guaran-
tees 1 do not think it necessary to
discuss this question seriously with
respect to the U.S.S.R.
Mr.. CampbeH: OF course, It Is
unnecessary.
Comrade Stain: 1t may perhaps
not be superfluous to tell you, in
strict confidence, about the loan
not credit, but loan-proposed by
group of British bankers-the
group of Balfour, Kingsley.
MIR. Campbell: May I tell this to
Hoover?
Comrade Stain: Certainly, but
not to the press. This group Of
bankers proposes the following:
They calculate our Indebtedness
to England at about f400,000,000.
They suggest to consolidate this
amount on the basis of Is per cent,
i. e., f100OO0,000 instead of f400,-
100000.
And at the same time they offer
a loan of f100,0O0,000.
Thus. our indebtedness will
amount to f2OO,0O00O0 with pay
ments to extend over a period Of
several decades. In exchange we
are to give preference to British
machine building. This does not
mean that we are to place our or.
ders in England only, but we are
to give preference to England.
Mr.. Campbell, thanking for the
interview, states that Comrade
Stain impresse d him as .
lust. weIl-informed and candid
man. He has been very glad Of
the opportunity to speak with
Comrade Stain and considers this
interview to be historical.
Comrade Stain thanks Mr..
Campbell for the conversation.