6 APRIL 1929, Page 2

The British Trade Delegation arrived in Moscow on March 28th,

and it has lost no time in setting up an Organizing Committee to direct its work. As was only to be expected, these. business men and engineers have been cordially welcomed in a country that badly needs capital. There is, nevertheless, a persistent attempt in the Soviet Press to prove that British industry is in desperate straits, and that a business agreement now must force the hand of even the most recalcitrant British Government. We must expect political argu- ments to be made out of this visit, but that should not in any way disturb the Delegation, who are, after all, simply on a voyage of discovery. Only by intercourse with Russian officials and business men on the spot can we hope. to understand the peculiar conditions of trade imposed upon us, by the Foreign Trade Monopoly, that monument to the ability and practical genius ofKrassin.