Russia of To-day by John Foster FraserRussia of To-day by John Foster Fraser

Russia of To-day

byJohn Foster Fraser

Paperback | October 12, 2012

Pricing and Purchase Info

$27.95

Earn 140 plum® points

Prices and offers may vary in store

Out of stock online

Not available in stores

about

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915 edition. Excerpt: ... CHAPTER V HOW GERMANY CAPTURED THE RUSSIAN MARKET In the vaults of the Russian State Bank is gold representing about £170,000,000, which is the biggest nest-egg of the real metal there is in the world. But you may travel from Petrograd to Vladivostok and not see enough gilt currency to pay for a luncheon at the Savoy. It is paper, paper everywhere, with never a golden chink. If, in England, a frowsy and generally unkempt man, with uncleaned boots and a collarless shirt, entered a bank for the purpose of changing a £100 note the police would be sent for. In Russia you can meet old fellows, bearded, hands stunted with labour, fiannel-shirted, top-booted, peak-capped, all suggestive of the artisan class, who are carrying a couple of thousand pounds in their pouches for current expenses. Russia has some fine joint-stock, commercial, and other banks, and in impressiveness of structure they rival the granite-and-gilt palaces of our insurance companies. But your ordinary provincial business Russian is shy of banks. He does not doubt their honesty. To hand his money over a counter, however, and get nothing but a hieroglyphic on a sheet of paper for it, and to be aware that the money is not stored in a cellar, but is lent out, is invested in property which may not be a success--well, he will agree it is right to bank, but he personally prefers to keep his belongings. So there are hundreds of thousands of Russian business men who have never had a banking account in their lives, and whose wealth is represented by high-denomination notes in a leather bag, attached to a string, and carried round the neck. Consequently the cheque system, as we understand it in England, except in limited instances in the great cities, is practically...
Title:Russia of To-dayFormat:PaperbackDimensions:70 pages, 9.69 × 7.44 × 0.15 inPublished:October 12, 2012Publisher:General Books LLCLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0217042910

ISBN - 13:9780217042918

Reviews