Show BUSINESSMEN BUSINESS MEN PRESSING FOR TRADE PACTS WITH RUSSIA Secretary Kellogg Studies Pros and Cons Coils of Recognition PROFITS TO BE HAD Morrow Y Friend of Cool- Cool Coolidge Coolidge idge Favors Resuming Resuming ing Relations By DREW PEARSON Special Correspondent of The Standard Copyright 1927 Consolidated Press Association WASHINGTON Oct 29 Pressure Pressure brought by business Interests upon the state department for the recognition of Soviet Russia Is beginning to have its it effect Secretary of State Kel Kel- Kellogg Kellogg Kellogg logg this observer is In a a. position to slate state has been seriously considering the pros and cons of recognition and although It has been decided to post post- postpone postpone postpone pone any move for at least another year ear the American attitude toward Russia now Is distinctly more favor favor- able abl What ultimately Is done none will de depend de- de depend depend pend upon the attitude of the Rus Rus- Russian Russian Russian sian government toward certain vital questions One of these Is the matter of debts and it may be stated that the state department has received In Informal In- In Informal formal forma advices indicating that the Soviet government Is willing to recognize recognIze recognize nize Russian obligations and will com cons compensate compensate American companies for property confiscated during the revo revo- revolution lution This latter question would be settled by establishing a claims com corn commission commissIon mission similar to those now engaged In settling the property claim be be- between between between tween the United States and Mexico Austria and Germany The work probably would require several years MORROW tORnOW IN IS FAVOR One of the chief proponents of Use the recognition of Soviet Russia has has- been Dwight W W. Morrow newly appointed to Mexico and former class mate of President Coolidge whose Influence with the adminis adminis- administration administration Is l considerable rable Ambassador Morrow belonged to an expanding group of New York busi busl- business ness neis men Including Irving T T. Bush and the Standard Oil leaders who see In Russia a limitless field for indus indus- industrial industrial trial and commercial development In Into in- in into into to which the United States has an n opportunity to enter before any other nation Moreover they believe that thai although the Soviet government still throws considerable restrictions in the path of private enterprise the old principles of communism really have given way to the opportunistic doc doe doctrine doctrine trine of Nep the new economic policy PROOF OF TillS THIS As proof of this It Is pointed out out that last year jear ear the United States did nearly twice as much business with Soviet Russia as before the war when trade was entirely in the hands of private I vate ate enterprise Our total tot trade last 3 year ear amounted to compared to before the war Of the former figure American sales to Rus Rus- Russia Russia Russia sia far surpassed Russian sales to the United States being about 64 contrasted with The in increased In- In Increased increased creased American Interest In Russia during the pst past year Is ls Illustrated by bythe bythe bythe the fact that American sales to the Soviets Increased 22 per cent while our purchases from them were 14 H per cent higher than the year before Without Russian purchases of Amer Amer- American AmerIcan ican leans cotton the southern farmer might have to put an even greater crimp In his cotton crop for sales of cotton to Russia last year totaled Practically all of this ma- ma Continued on Page Pace Three BUSINESS MEN I fAVOR RUSSIA Continued d from front Page rag One erial was purchased through the Soviet operative co-operative trading companies MINERAl RESOURCES The busmen men without minimizing the Importance of this Soviet Soviet- trade are much more in interested In In- Interested in the mineral minerai sources of RussIa especially oil Russia controls the most moat manganese de deposits de de- deposits posits In the world without which the United States Slates Steel Sted could hardly exist her bel supplies of coal and andIron andIron andIron Iron are ale unknown but b t reported to be Immense her oil are second only to those of the United States Sta tes Russia Russin now ranks third third In the pro pro- production production production of oil most of which Is in inthe Inthe inthe the hands hanos of America oil companies who have succeeded In Increasing the Russian output per er cent during In Lbs peat past p t year Signs of a changed Am atti- atti attitude t dc toward the Soviets are seen in inthe Inthe the action of the department of agri agriculture culture In allowing an assistant Soviet c of agriculture to have a ade de desk k in the department where he studied American ican agricultural meth meth- methods methods methods for several months and ancI In the Importance which the Russian dele dele- delegates delegates gates placed in the recent soils conference held In Wash Wash- Washington WashIngton ington Again AJain at the international Inter economic conference In Geneva the American delegation interceded to prevent the Russians from withdrawing and man man- managed managed managed aged to 10 patch up a compromise Americans seeking et ing to trade trad with RussIa are given every cery possible as as as- assistance by the department t of corn coo merce which although it cannot send end representatives into Russia has hu them themas as close as possible possible st at Riga Rigs and Con Con- Constantinople Constantinople All factors favoring favorin recognition of ot Soviet Russia have ave been carefully care tully cons by the state department and th the decision for postponement has been made partly p Secretary Secretory Kellogg does not want to bind his successor to a policy which it will take several years ears to carry out Be Be- Beside Besides sides side any step in such uch a situation I. I Is not a thing to be Uc under en et 1 lIghtly with a presidential campaign at hand I Whether he the Republican party t re remains cc- cc mains in office after the next elec elec- election election i tion or not Secretary K H logg who I Is nov nol nearing h hs s seventy first evenly first birth birth- birthday day Intends to 10 retire to private 11 il ilat at the end of next neU year and the carrying out of any negotiations with Soviet Russia cou d hard be con con- before that time |