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Draft Decision for the Politbureau of the CC, RCP(b) on the Swedish Loan
Negotiations for a loan were being conducted with the Swedish Government and Swedish business circles by representatives of Soviet Russia since the autumn of 1921. Lenin wrote his proposal after reading the terms of the loan and the views of the People’s Commissariat for Foreign Trade and of the People’s Commissar for Finance N. N. Krestinsky on the matter.
I move: that in principle it be approved and that the Foreign Trade Commissariat be directed to continue negotiations on the understanding, however, that (1) no final decision is made without the Politbureau (which should retain the right of refusal); (2) an attempt is made to contract a similar loan on better terms with another (Italian) offerer.
13/III. Lenin[1]
- ↑ The draft was signed also by Kamenev and Stalin; Trotsky abstained.—Ed.