BUSINESS ABROAD: Iron Curtain Speculations

In a Prague court last week, a Czechoslovak entrepreneur named Roman Novotny drew a stiff sentence of 4½ years in prison and forfeiture of all his property for engaging in one of the most profitable —and widely practiced—businesses behind the Iron Curtain. With a group of friends Novotny rounded up 56 used cars of various makes in the first six months of 1957 alone, sold them at up to double official prices set by the Communist government. Chided Radio Prague: "The speculators exploited the impatience and lack of discipline of the citizens."...

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