Bingham Bulletin | 1920-01-07 | Page 6 | Vanderlip's Soviet Concession

Vanderlip's Soviet Concession Washington D. Vanderllp arrived in New York the other day from Russia, Rus-sia, and more reporters went down the bay to meet the Los Angeles man than have ventured on water at one time since Dr. Frederick A. Cook returned from Copenhagen and the North pole. And no wonde.r. The American mining engineer says he has put through the biggest business deal In the world's history. He says: "Over 400,000 square miles in Siberia Si-beria including the entire peninsula of Kamchatka has passed Into possession of the syndicate 1 represent for a period pe-riod of 60 years. I also obtained from the soviet government concession to buy $3,000,000,000 worth of goods from the United States in tho next three years, payment to be made in the products of soviet Russia." He says he comes to .do "a little missionary work," in , behalf of re suming trade relations with . soviet Russia. Until such relations are resumed, lie admits, his "$3,000,000,000 contract" con-tract" as fiscal agent and his 60-year coal, oil and fishing concession In Kamchatka Kam-chatka are valueless. Even then the concession will not be worth much until somebody drives the Japanese off the concession, he snys. .. Vanderllp says all that H. G. Wells saw of Moscow was from the window , of his hotel and limousine. Vanderllp says he was born 53 years ago in Indiana and is a graduate of the University of Adversity. He has walked over most of the earth as an exploring engineer. He is a first cousin once removed of Frank A. Vanderllp.