the paradoxical situation of being obliged to create conditions which will attract capital—that is, by promising a profit and giving the necessary guarantee that one fine day it will not be expropriated without compensation.
This was not an easy problem for a Socialist Government to solve. But as this Government was composed of Menshevists, it was aware of the economic necessities and would do voluntarily what the Bolshevists are now compelled to do by circumstances, after they have pursued the opposite policy for several years past, in the doing of which they have fearfully devastated and ruined the whole of Russia.
57
