Spargo John. A Memorandum On Trade With Soviet Russia

New York: Russian Information Bureau in the U. S., 1921. — 32 p.Submitted to the Committee on Foreign Relations of the United States Senate, January 1921, in connection with the Hearing upon the Resolution of the Hon. Joseph I. France, Relating to the Resumption of Trade with Soviet Russia.That the restoration of trade between the United States and Russia, and its extensive development, are desirable, scarcely admits of discussion or dispute. As a student of Russian history and politics during many years, I have long held that the interest of the civilized world in general, not less than that of Russia herself, require the intensification of Russian production, both industrial and agricultural, and the expansion of Russia's trade with other countries, especially those of the Western world. Quite early in the World War, in the latter part of 1914, I set forth this view in an article which was widely commented upon at the time and was translated into Russian and circulated among the leaders of the Russian democracy by my friend, the late Mr. George Plechanov. In my Russia As An American Problem, published in February 1920, I set forth the same view at some length, fortifying it with an elaborate statistical survey of Russia's economic requirements and resources. In that study, I examined with particular care the credit requirements of Russia and the basis for securing such credit.