RUSSIA: Real Prices

To end dispute and confusion over prices and the value of money in Russia, the Government recently stabilized the internal value of the ruble at five to the dollar. By last week this new system had settled down, and U. S. citizens found that the present "real prices" of necessities in Moscow are:

Bread 40¢ per loaf, butter $2 per lb., coffee $4 per lb., sugar 35¢ per lb. and the cheapest cigarets $1 for 20. Foreigners and Russians alike now pay these prices, established not by haphazard Capitalist supply & demand but by scientific Communist...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!