Could we not accomplish 2 things:

1) weekly (monthly for a start) to account for the whole RSFSR
a) the quantity of goods held by the state
(exchange fund)
b) the quantity of paper money

2) as an experiment in 1-2 uezds to issue (through cooperative institutions?) exchange vouchers, fully secured by the commodity fund?

The accounting of the commodity fund is not under the jurisdiction of the People's Commissariat of Finance. Here we need some kind of attachment or restructuring for accounting of the entire material budget. We have nonetheless authorized Syromolotov for this.

Vouchers can be issued when there are goods, and I think they will work out, but there will be little benefit to our pocket from them for the time being.

My goal is not "benefit to our pocket," but experience, experiment.

Written December 26, 1921

First published in 1959 in Lenin Miscellany XXXVI

Printed from the manuscript