war, the lack of commodities due to the isolation caused by Allied blockade after November, 1917, and the disturbance in industry which accompanies civil war (especially if financed from abroad), I believe that the condition of finances under the Bolsheviks may compare favourably with that of any administration in the last sixty years in Russia except under Ministers of Finance Kankrin and Reitern, or with the present administration in Siberia before it reintroduced vodka distilling as a source of revenue. It is possible that new criteria may have to be formed before it is wise to come to definite and final judgments regarding the financial condition of a community that hopes "to establish a Socialist society" and eliminate the use as far as possible of currency.
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