Word: soviets
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Dates: during 1920-1929
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...Manhattan, U. S. A., Charles Recht, U. S. attorney for the Soviet Government, announced that he had filed 200 suits against the New York Life Insurance Co. and the Equitable Life Assurance Society in an effort to obtain over $2,000,000 due to Russian holders of pre-revolution policies issued by these concerns...
...Dulles, representing the New York Life, alleged that this litigation had been started in an effort to secure recognition for the Soviet Government by Washington: "It is the Soviets' belief that the U. S. firms involved cannot successfully defend these suits until the Soviet Government is recognized...
Attorney Dulles commented further upon this situation: "Legally speaking, the acts of an unrecognized government are a nullity. Thus . . . pressing these claims will operate to induce recognition [of the Soviet Government] as a method of making available to the U. S. companies the actual defense to the claims" [which rests on the acts of the Soviet Government...
Attorney Recht flayed these insinuations: "I am acting, in this instance, for the Credit Bureau of Moscow, a firm sanctioned by the Soviet Government but independent of it. . . . There is no idea of bringing pressure to secure recognition for the Soviet Government. . . . Claims of a similar kind aggregating $40,000,000 are now being filed against U. S. insurance companies by numerous legal firms retained by private citizens of Russia...
Despatches from Yakutsk, Siberia, asserted that a Soviet Commission of Investigation has reported "the presence of about 400 tons of available gold in the 6,000 square miles of territory in the Aldan River District." Koreans, Japanese and Chinese, who have been flocking to this remote and inaccessible part of Siberia, were ordered to depart within one month by the local Soviet. Henceforth only Russians will be allowed to "work" the region, and it is alleged that they will be forced to exchange all gold mined for Soviet currency at a rate of 2½ chervonetz* ($14) an ounce. (Refined gold...