V. I.   Lenin



Written: Written on February 28, 1922
Published: First published in 1959 in Lenin Miscellany XXXVI. Printed from the original.
Source: Lenin Collected Works, Progress Publishers, 1976, Moscow, Volume 45, page 491a.
Translated: Yuri Sdobnikov
Transcription\Markup: R. Cymbala
Public Domain: Lenin Internet Archive You may freely copy, distribute, display and perform this work; as well as make derivative and commercial works. Please credit “Marxists Internet Archive” as your source.README

Comrade Gorbunov:

I cannot go into this in detail.[1] Put the finishing touches to this (yourself or through Zaks, Smolyaninov or Nesterov) and show to A. D. Tsyurupa, and then to me again with his opinion.

NB: Here are, I think, the main points which should he verified, copied out and kept track of.

The rest seems to be noodles.


1) Area? Dessiatines?

2) Value of annual product?

3) Our predominance?
(Krasin’s § XIII)
Check up!

4) Foreigners’ share? (Krasin’s § XIV)
Check up!

5) Krasin’s § XV is important.[2]

28/II. >Lenin

P.S. Find out and let me know whether these agreements are final? Have they entered into force?



[1] A reference to the “Basic Provisions of an Agreement with the British Company ‘Russangloles-Limited’” and “Basic Provisions of an Agreement with the Dutch Firm ‘Alcius & Co.’”, signed by L. B. Krasin, on the establishment, together with “Severoles”, of the joint-stock companies “Russangloles” and “Russgollandles” for the purpose of developing the timber industry and intensifying timber export operations in Archangel Region and the adjacent areas.

[2] The material submitted to Lenin showed that the proportion of the assets being returned to their former owners constituted 35–40 per cent for “Russangloles” and 20–30 per cent for “Russgollandles”, adding that even this share of the property was not conveyed to their ownership, but was placed at the disposal of mixed companies on whose boards the Soviet side was assured of predominant influence (§§ XIII and XIV). § XV said that the former owners, both British and Dutch, had waived in writing any claims on the R.S.F.S.R.

Having studied the material, Lenin considered that it was possible to conclude an agreement on these terms.

The basic provisions of the agreement with “Russangloles-Limited” and “Alcius & Co.” were approved by the Council of People’s Commissars in April 1922, and the agreements, in March 1923.

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