Word: cartload
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Dates: during 1920-1929
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...year the Russian State Bank has built up a gold reserve of $10,000,000. This sum has accrued largely from the 5% discount charged on all foreign exchange. Foreigners can cash cheques in their national currency, but minus 5%. Even this is more desirable than receiving a cartload of Russian rubles. ¶The Council of Labor and Defence, according to the Economic Life of Moscow, has resolved, in the interest of protecting domestic electrical industry, to prohibit the importation of all kinds of electrical materials. ¶The American Express Company announced that, in view of the improved Soviet banking...