Vladimir Ilyich Lenin

Theses on the Co-Operative Bank^[1]

Written: Written November 2, 1922
Published: First published in 1964 in the Fifth Russian Edition of the Collected Works, Vol. 45. Printed from the manuscript.
Source: Lenin Collected Works, Progress Publishers, 1971, Moscow, Volume 42, page 424^b.
Translated: Bernard Isaacs
Transcription\Markup: R. Cymbala
Public Domain: Lenin Internet Archive (2004). You may freely copy, distribute, display and perform this work; as well as make derivative and commercial works. Please credit “Marxists Internet Archive” as your source.

1) Premiums for size of transactions and uyezd coverage;

2) ditto—deposits;

3) participation in the bank of leading agricultural communist co-operators for purposes of control and drive;

4) stimulation of the Co-operative Bank by the State Bank by way of reduced %;

5) allocation of a certain sum by the State Bank.

Notes

[1] The question of the Co-operative Bank was discussed at a meeting of the Politbureau attended by Lenin on November 2, 1922. The Politbureau passed the following decision: “The following theses of Comrade Lenin should be referred as a basis to a committee, which is directed to submit to the Politbureau a written report on fulfilment."

The document published in this volume contains Lenin’s note: “Keep for my talk with Khinchuk” (L. M. Khinchuk was Chairman of the Board of Centrosoyuz.—Ed.).