Comrade Osinosky! After reading, please forward it to Alsky (People's Commissariat of Finance) so that he too can read it and return it to me with his comments.
In my opinion, we must (1) accelerate the bank (2)
the People's Commissariat of Agriculture must intensify agitation and
more energetically push the State Planning Commission's plan X. **Radio  z a  granicu.**
**A  serie  o f  articles**
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22/X [1921]
Lenin
??
“... The most feasible scheme appears to be a loan for the restoration of the economy in the affected provinces
on the following terms: a concrete plan for the restoration of peasant farming must be drawn up, i.e., for machinery,
implements, seeds, tractors, means of transport, and other
supplies; a plan for achieving increased sowing must be outlined, as well as necessary changes in the agricultural
crops themselves. It is possible that the British government will demand the admission of its technical specialists
to participate in the development and implementation of such
a plan. As a starting point, the work already done by the State Planning Commission can be taken. The participation of foreign specialists, of course, should not take on the character of any kind of guardianship,
but only control over the expedient use of allocated funds, as well as assistance in developing a purely technical
plan for economic measures. The loan itself can be given, for example, to agricultural cooperatives or cooperatives
of individual provinces with the guarantee of the Soviet Government.
As a guarantee for the payment of interest and repayment of the loan,
we could, in my opinion, undertake to reserve a certain percentage of the increase in grain harvest in a given area
compared to the average yield of previous years for this payment, under the guarantee of the same operation
of the Soviet Government for the strict fulfillment of this condition. The implementation
of such a loan would be greatly facilitated by the presence
in London of our own bank, the establishment of which could be carried out at the expense of our operating
sums without any additional appropriations.
The draft of the corresponding decree was
|| drawn up by me and submitted to the
People's Commissariat of Finance for comments, where, apparently,
“ |1 it was buried...”