Letter to Arkady Alsky, September 5, 1921

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A report on the gold stock and its expenditure was submitted to Lenin by the People’s Commissariat for Finance. On September 14, 1921, the CC Politbureau instructed A. O. Alsky to see that all expenditures of the gold stock were strictly accounted for. See also this volume, Document 371; present edition, Vol. 42, p. 342.

Secret

5/IX.

Comrade Alsky:

There must be a close watch on the spending of the gold stock.

Perhaps you could do the following:

have this table compiled.

In hand Of this allocated ( =issue allowed^) Unallocated stock in hand Gold Stock by 7.XI.1917 7.XI.1918 ” ” 1919 7.XI.1920 1.I.1921 1.VII.1921 or 1.IX (7.IX).1921

In other words, the table should give a full picture of the amount issued and the available stock (by a definite date).

Let us draw up the table in such a way that the horizontal graphs should run on (current statistics) by months. Let us have this mobile and regularly filled-in table be kept over at your People’s Commissariat for Finance.

Send me a copy of it by 1.IX.1921, and then send in weekly additions (current expenditure).

The total must include all gold without any exceptions.

Please write me when you can let me have it.

V. Ulyanov (Lenin)

Chairman, CPC

£Perhaps here we shall have to add two or three vertical graphs: amount already sent out of Russia, i.e., paid out. Also perhaps: refused payment or reduced amount, etc.