ABSTRACT
In the consideration of the financial problems of the Soviet Union during the last two years, there has been noted a tendency to include much more than matters relating only to budgets and credits. An approach has been made to discussing the question of a general plan of financing, embracing all elements of the financial system, all the financial resources of the country. At the end of the five-year period, one-third of the national income will thus pass through the machinery of the general financial system to serve for the financing of national economy and its basic reconstruction. There are many who consider that the scope of this financing is excessive. When the five-year plan was in preparation a much more drastic policy of price reduction was suggested. The financial program of transportation is based upon the maintenance of railway rates, on the whole, at their present level, with a reduction of about 20 per cent in costs.
