AUTHORITY TO L. B. KRASIN
The government of the Russian Socialist Federative Soviet Republic hereby declares that the Russian citizen Leonid Borisovich Krasin is authorized to enter into negotiations with the government of the United States of America for the conclusion with the Russian Socialist Federative Soviet Republic of a political agreement and a treaty on the full restoration of peaceful relations between the two countries and all kinds of economic agreements, and to sign such agreements on behalf of the government of the Russian Socialist Federative Soviet Republic.
The said agreements will be subject to ratification in the manner prescribed by Russian fundamental law in the event of their recognition by those institutions which have the right of ratification as being in the interests of the Russian Republic.
Chairman of the Council of People's Commissars
V. Ulyanov (Lenin)
Moscow, July 18, 1920.