cial and economic relations between Russia and the United States have not as yet reached the high level so easily made possible."
According to Mr. Carver, the part that American capital can play in the commercial and industrial development of Russia may be almost limitless, since American financiers and businessmen are willing to invest in any enterprise that promises good returns, and mutual benefits. America is ready to assist Russia in her program of railroad construction, not only financially, but also by sending to Russia railroad supplies, as well as experienced engineers and technicians. In agriculture, the United States can help Russia largely in those departments of the industry where machines take the place of hand labor. Moreover, American capitalists are interested in the irrigation projects undertaken by the Russian government, both the completed ones and those still under consideration.
In conclusion, Mr. Carver expresses his firm conviction that, while it is difficult to predict what form the Russian-American commercial alliance will assume, it is necessary to begin preliminary work as soon as possible. It is also hard to tell what kind of organization, whether of the type of chambers of commerce, or export and import associations, will prove to be the best channel for the powerful new movement. It is hoped, however, that the exigencies of the near future will offer a practicable and satisfactory solution to all these problems.
