The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1933-01-28
ABSOLUTELY erroneous.

absolutely erroneous.
First of all. trading activities in the
first stage of the N.EP. led to certain
REGENERATION of capitalism and permitted
the development of the private capitalist
sector in commodity exchange. Our Soviet
trading, however, is based on rejection
of both these possibilities What is So
Wet trading? Soviet trading is trading
without the mediation of capital
lists. It is wholesale and retail trad
ing without speculation and without
spectators, either big or small 1t is a
special form of trading unknown to eco
nolnic history up to the present and
practiced only by us BolShevik under the
special conditions of our Soviet develop
ment.
Secondly, we have now behind us a
sufficiently developed State industry and
whole network of collective and Soviet
farms which provide the State with ire
mendouS reserves of agricultural and in
dustrial commodities for the development
of Soviet trading This was not the case
and could not have been the case in the
first stage of the NEP.
Thirdly in the last stage we succeeded
in driving the private traders. merchants.
commodity circulation
This certainly does not exclude the APP
pearance of new private traders and
spectators according to the law of alta
vism in commodity circulation, individ-
uaLs who exploit q favorable field for
their operations in this case, collective
agricultural trading. However, we are in
possession of weapon against these I'M
desirable phenomena in the shape of the
Soviet law for the suppression of Specu-
lation and the punishment of the specu-
lstoTs.
It has been said that it will prove i'm
possible to develop trading, even Soviet
trading, without healthy currency sys-
tenn and stable currency, and that above
all our currency system, our Soviet cur
rency. which allegedly is without value,
must return to the normal. This is the
opinion OF the economists in the capital
list countries. In my opinion these econo-
nntstS know as much about political econ
oHny as the Archbishop of Canterbury
knows about anti-religious propaganda.
How is 1t possible to declare that our So
Wet currency is without value? Is it not
. fact that with this currency we have
built Magnitostroi, Dnieprostroi, Kusnet-
zkstroi. the Stalingrad and Kharkov
tractor works, the automobile works in
Moscow and Cork, hundreds of thou
sands of collective farms and thousands
OF Soviet farms? Do these capitalist ex-
perts imagine that all these things we're
built OF straw or clay and not of real
materials OF definite value? What pro-
v1deS the basis of our Soviet currency
If We take into consideration the organ
lied market, which is of decisive impor-
lance for commodity circulation in our
country, and not the unorganized market
which is of subordinate Importance only?
Certainly not only our gold supplies. The
stability Of Soviet currency is secured
above all by tremendous masses of COM
modities in the hands of the state and
handed over to the market at fixed
prices. Where is the economist who can
deny that such a security which exists
only in the Soviet Union, is not better
security for the stability of our currency
than any particular gold supplies? What
have we achieved on the field of Soviet
trading as a result of the carrying out of
the Five-Year Plan? AS result of the
carrying out of the Five-Year Plan we
achieved:
AZ an increase of the production of our
and cooperative organizations in agri-
culture.
THE situation of commodity circulation
In the capitalist countries shows
completely different picture. There the
manufacturing industries by 1877 per cent
as compared with 1928;
81 an increase of cooperative and State
retail trading which at present totals
1915 million roubles In 1892 prices. by
IT'S per cent as compared with 1928;
O. an increase of the State and Coop
erative trading network by $4,000 shops
and stores as compared with 1929;
ID continual increase Of our collective
trading and the creation of various State
crisis has led to a catastrophe shrinking
of trade, to the closing down of trade UNI
dertakings on mass scale, to the inn
poverishment Of the small and middle