A major Bolshevik objective pursued without success ever since the fall of Tsardom: to float a fat Soviet loan abroad and get Bolshevik bonds regularly listed on an exchange outside Russia.

Last week this great objective was achieved by smudge-mustached Foreign Trade Commissar Arkadi Pavlovich Rosengoltz.

Amount: 250,000,000 koruny ($10,450,000.)

Lenders: Czechoslovaks.

Purpose: To supply the Soviet Union with "urgently needed Czechoslovak goods," chiefly munitions from the great Czechoslovak works of Skoda.

Guarantor: As usual with munitions loans, Skoda and other participating firms are protected by their Government's guarantee of the entire loan, the...

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