Written: Written on September 12, 1922
Published: First published in 1959 in Lenin Miscellany XXXVI. Printed from the original.
Source: Lenin Collected Works, Progress Publishers, 1976, Moscow, Volume 45, pages 565b-566a.
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
Having read Krasin’s agreement with Urquhart, I express my objection to its approval. While promising earnings for us within two or three years, Urquhart is taking our money just now. This is absolutely inadmissible. Mikhailov, chairman of the commission, who had made a special on-the-spot study of the Urquhart concession, has proved that it is not we but the foreigners who are guilty of the destruction. And after this it is we who have to pay! I We shall allegedly obtain relief within Xyears, but we ourselves have to start paying right away!
I propose that this concession be rejected.
This is bondage and plunder.
I remind you of the conclusion of the Mikhailov commission. It was against the concession.
Not a single serious argument has been added. It should be rejected.
I ask you to communicate this to the Politbureau members.
With communist greetings,
V. Ulyanov (Lenin)
P.S. It is a ruse to say that this concession will not be a precedent.
It is bound to be and is sure to be a precedent. That is how it is sure actually to shape out regardless of all the talk and assurances.
And in general, absolutely no account has been taken of everything uncovered by the Mikhailov commission. There are a number of arguments against such a concession.