Re Draft Decision for the CPC on the Organisation of Commodity Exchange by Centrosoyuz

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Author(s) Lenin
Written 15 July 1921

First published in 1932 in Lenin Miscellany XX. Printed from the manuscript.
Source: Lenin Collected Works, 1st English Edition, Progress Publishers, 1965, Moscow, Volume 42, page 332a.
Keywords : Commodity, Draft, Trade

The question of Centrosoyuz was discussed at a meeting of the CPC on July 15, 1921 which heard reports by L. M. Khinchuk “On the Organisation of Commodity Exchange and the Need for Speeding Up and Expanding Work in This Direction” and N. P. Bryukhanov “On Supervision Over Centrosoyuz in Pursuance of the Decision of the Council of People’s Commissars of June 14’ 1921, With a View to Obtaining the Maximum Amount of Grain Through Commodity Exchange”. A single resolution was adopted on both reports incorporating Lenin’s proposals.

1) The next report to be made in a month’s time.

2) The form of accountancy and its proper distribution to the local bodies, as well as fulfilment by the latter of their duties in making up these accounts, to be verified through the agent of the Central Statistical Board.

Term: I week.

3) Charge Centrosoyuz with submitting to the CPC a number of decisions for more energetic action against anarchic commodity exchange.

Term: I week.

4) In the matter of equivalents, Centrosoyuz and its local agencies down to the rural commodity exchange stations should be allowed to conduct the business with greater freedom and introduce a system of high premiums for the amount and rate of turnover.

Term: I week for submitting to the Narrow CPC