The provisional government of Kerensky was overthrown November 7, 1917, after eight months of power, and the present government of Russia was established two days later. The Soviet government will begin its fifteenth year of power on November 9, 1931. The United States was the first of the great powers to recognize the government of Kerensky after the fall of the Romanoffs: today it remains the only great power by which recognition has not been extended to the government of the Soviets.1
The coming year, in addition to marking the fifteenth anniversary of the Bolshevik revolution, will witness the completion of the first “Five-Year Plan”2 of the Soviet government. The execution of this plan, while it has greatly stimulated American exports to Russia, has tended ...