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The New Zealand Railways Magazine, Volume 7, Issue 6 (October 1, 1932.)

Russia's Trade Moves

Russia's Trade Moves.

Russia's plan for a self-supporting Sovietism is necessarily modified by her present anxiety to sell in the world's markets. Nations which do not desire exports of Russian Communism, do want Russian commodities; hence trade is growing up, in spite of political obstacles. A year ago most people believed that Russia would attack Japan in defence of China; yet a recent cablegram declares that the Manchukuo developments have not prevented Japan from making a big contract with Russia for supply of Russian oil, “making Japan independent of United States supplies.” Again, Canada not long ago was placing an embargo on certain Russian goods, but now the Aluminium Company of Canada admits that, “in effect but not literally,” it is trading Canadian aluminium for Russian crude oil, to be refined in Canada in competition with U.S. products. Political plans bend before commercial realism.