26 JUNE 1926, Page 32

TRADING WITH RUSSIA.

When speaking last week before a large audience, the Chancellor of the Exchequer not only deprecated the action of the Soviets in stimulating Socialistic propaganda in this and other countries, but also said some plain words of warning to British Commercial and Financial institutes with regard to their business transactions with Russia. He said : Let me add, as it is my duty to add, a word of warning to persons who choose to lend money to Russia :-

" Should the Government find it necessary at any moment to expel the Soviet agents, diplomatic or commercial. no claim for losses will be entertained by the Treasury. My advice to traders with Russia at the present time is to make sure that they get paid or get full security before their goods leave this country. If they lend their money and lose their money they will have no one to thank but themselves."

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