ABSTRACT

In Russia the speculations and the profiteering were so open and so mean that the eyes of the broad masses of the people were opened at a comparatively early stage of the war. In other countries profiteering and speculation in the war are milder and the people are still not fully aware of the part played by the profit-making supporters of the war in bringing about their misery. There were speculations in land and grain, speculation in money and the rate of exchange in fact, in every kind of goods. Speculation became a matter of everyday life in Russia. Everybody speculated. The manufacturer, the banker, the merchant, the shop-keeper all of them speculated. In Russia the speculations and the profiteering were so open and so mean that the eyes of the broad masses of the people were opened at a comparatively early stage of the war. In Russia the profiteers are called 'marauders in the rear'.