Monday, Jan. 25, 1932

Turksib Cotton

Largest British-Soviet transaction in the history of Liverpool's cotton market was the purchase by a Lancashire company last week of -L-500,000 worth of cotton from the Russian Government. Thus did U. S. and South American cotton growers feel the first effects of the most spectacular achievement of Russia's Five-Year Plan: completion of Turksib (Turkestan-Siberian Railroad), chief purpose of which was to spur cotton production in Central Asia, whose products previously had to reach Europe by camelback.

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