Unemployment in this country would be relieved to a considerable extent if the United States were to open extensive trade with Russia through the establishment of a revolving credit of $300,000,000 with the Soviet government. This is the opinion of Max Senior, prominent Cincinnati Jewish philanthropist, which has been published in the form of a political letter by the League for the Organization of Progress.
Russia would pay for these loans in goods sold to this country, says Mr. Senior. To assure the sale of $50,000,000 worth of Russian goods a year, Mr. Senior proposes to set up a joint buying agency representing American merchants, just as the Amtorg represents the Soviet government here.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
