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simply counting houses for central book-keeping, where the relations between the various sections of industry are made clear. In accordance with these relationships the bank supports ("finances") industry, supporting it with financial supplies.
Ultimately, should we he successful in duly organising the whole business (and that is what our party and the Soviet Government, at the head of which our party stands, is striving for) it would result in the following state of things: they are united by means of central national banks, at which the threads of the separate enterprises meet, grouped according to their respective specialities. The bank keeps an exact account of these enterprises and of all transactions effected between them which mutually counterbalance as one branch of production supplies products for another. In the bank, the book-keeping department of communal production, the general position of production is in this manner neglected. The centralised and nationalised banking business (that is to say, the united banking business that is in the hands of the workers' and peasants' State) is converted into a communal book-keeping department of the socialist co-operative production.
CHAPTER IX.
INDUSTRY TO BELONG TO THE WORKING CLASS.
(NATIONALISATION OF INDUSTRY.)
Although the most important step towards obtaining the means of production from the hands of exploiters is, as we have seen above, the proletarian nationalisation of banks, nevertheless, if in industry, in factories and works, the power of capitalists will still be maintained, no very desirable results would have been achieved. These enterprises would draw such sums as they required from the bank, and tin 1 capitalists would calmly go on exploiting their workers, and would even manage to beg for State subsidies to be spent on all kinds of things. And therefore a transition to a Communist order, which is unattainable without the nationalisation of banks, is just as unattainable without the proletarian nationalisation of all large industrial enterprises.
In, this direction, too, the working class and our party are
