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Digital Archive International History Declassified

March 22, 1935

THE DISTRIBUTION OF THE SOVSIN'TORG TRADE LOAN

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    A breakdown of how a Soviet loan to Xinjiang will be utilized.
    "The Distribution of the Sovsin'torg Trade Loan," March 22, 1935, History and Public Policy Program Digital Archive, RGASPI f.17, op.162, d. 17, l. 181. Translated by Gary Goldberg. http://digitalarchive.wilsoncenter.org/document/121828
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THE DISTRIBUTION OF THE SOVSIN'TORG TRADE LOAN

a) Communications and Transportation:

radios

100,000 rubles

automotive equipment

350,000    "    +

road work

800,000    "    ++

NOTE:

+/including all the property delivered in 1934.

++/including easily sold goods, food and consumer goods above the export plan for the payment of local expenses for construction of 600,000 rubles with the sale of these goods via Sovsin'torg offering Urpra the proceeds in Xinjiang currency.

b) Minerals:

the mining and processing of tin

300,000 rubles+

a refinery

50,000     "

 

NOTE:

+/including 200,000 rubles in 1936.

c) Light industry (spinning and weaving and a cotton ginning mill, etc.) and an electric power station, agriculture, and irrigation work): 1,650,000 rubles

NOTE:

a) including 650,000 rubles in 1936

b) charge the Xinjiang commission with distributing these capital investments by individual sectors together with Narkomvneshtorg [the People's Commissariat of Foreign Trade] by agreement with the Xinjiang government.

c) besides this, a long-term agricultural crediting of 250,000 gold rubles has been offered via the Bank.

d) Silver:

for the Provincial Bank

500,000 rubles

e) Materials:

previously granted to the Urpra [Urumqi Government]

700,000 rubles

f) Military equipment: 500,000 rubles

g) Medical construction: 50,000 rubles

TOTAL      5,000,000 rubles+

NOTE:

+/including 850,000 rubles in 1936.

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