Evening star., 1933-11-30
EXPORTS TO RUSSIA
REST UPON CREDIT
Amtorg Sees Big Gains in
Purchases in IS. If Terms
Are Suitable.
Special Dispatch to The Star.

6peCldl DiSpdtCu W 4uc otai.
NEW YORK. November 30 (N.AN.A0.
-Oflcials of Amtorg, Soviet trade or
ganization through which all Russian
contracts are made, say no one can
predict now just what recognition OF
to American trade. But they add that
with favorable credit arrangements
there is nothing to prevent sharp rise
in Russian exports from the United
States to a point which may surpass the
peak of Soviet foreign trade with Ger
many. That reached a figure slightly
over 5000, 600, ,000 The high mark OF
Russian purchases from the United
States was s114, 4,Ooo. 900 in 1880.
There is a distinct preference. Tor
United States products in Russia" an
official of the Amtorg said. There al
ways has been such preference, and
with favorable credit arrangements
there is nothing which can stop the
steady progress of American-Soviet
trade. There have been reports that
with the end of the first fve-year pro-
gram Russia's needs would be exhausted
and the market for foreign goods de-
f1ated. This is not true. Russia's de-
velopment has only just begun and the
surface of her foreign trade needs has
scarcely been scratched"
Future Plans Ambitious.
Russia's plans for the future, as out
lined by Amtorg. are ambitious-more
ambitious than those of its now famous
five-year plan, and far exceeding that
extensive program in its scope. Its in
dustrial plants need rehabilitation. 1t
needs thousands of miles of new rail-
roads. It's roads need rebuilding. It
needs new industries and new and
expanded merchant marine to carry out
proposed expansion of its own export
trade.
All these things Russia plans to do
within the next few years, planning
also to engage many hundreds of Amer
of various lines to aid in the work which
includes intensive development of tex
tile industries, clothing manufacturing,
tanneries, shoe factories, packing plants,
stockyards, canning factories, sh1pyardS
and establishment of a sizable live
stock industry, for which it is planned
to purchase thousands of good breeding
stock.
Plans for these activities already are
formed says Amtorg, with nothing to
block their progress except the neceS-
sary arrangement Of acceptable credit.
With this program as basis Amtorg
officials have compiled a fairly COM
prehensive list of the products which
Russia expects to- import during the
next few years, much of which ad-
mittedly is expected to come from the
United States.
Reservations Are Provided.
The list was submitted subject to
reservations to be governed by final
trade arrangements between the two
countries:
Machinery, metals and raw materials,
consumer goods, such as coffee. cocoa,
tea, sugar; iron, steel, oil, coal, cheni-
ucts of all kinds, electric power engines
and machinery, textile factory ma
chinery of all kinds, tannery equipment,
clothes manufacturing machinery, steel
rails, locomotives and rolling stock for
new railroads, ships and Shipbulld1ng
equipment, roadbuilding equipment, iron
and steel shapes, bars and sheets.
aluminium, copper. zinc, cotton, wool,
rubber, sugar, cotton, flax and tobacco
machinery, blooded live stock for breed
ing purposes.
Machinery and equipment for agri-
culture will not be needed as much
as formerly but are still looked upon
as important.
one Oh LIE HAIL pOulIo LII l21C liz"
expansion program is the rehabilitation
of RuSsias transportation. 1t IS pointed
out that although Russia has two and
one-half times the area of the United
States, its railroad mileage is less than
one-fifth that of America, with much
of its equipment antiquated or in bad
repair.
Plans Export Increase.
Another side of the picture is the
plan of Russia to expand her own eX-
bort trade. There are scores OF prod
ucts which Russia can export to the
United States, it was pointed out, all
Of them of non-competitive nature.
These include manganese, chromium,
iron ore, asbestos, mica, potash. graph
lite, spruce lumber and pulp. veneers,
barrel slaves. platinum and other preci-
GUS metals, furs foodstuffs, fax hemp
and linens, bristles, castings, horsehalr,
hides, skins and raw silk. These re-
sources Russia means to develop, ex-
banding her export business as rapidly
as possible, with an eye for the United
states as her eventual principal Gus
toner.
(CopyriEht, 1898. North American News
paper Alliance, 1ncO