Alexis Ivanovitch Rykov, who bears the titles of President of the Union Council of People's Commissaries and Chairman of the Russian Socialist Federal Soviet Republic Cabinet, asseverated that Russia's economic pulse was strong and steady, which, he claimed, was certain indication of Russia's ultimate recovery.
In a detailed speech before the International Communist Congress, sitting since last month in Moscow (TIME, June 30), the President-Chairman made the following points :
Present production total is now 45% of the pre-War figureāan increase from 15% in 1920; production of pig iron...