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.
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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.
