Vladimir Kuzmin-Karavayev

Biographical details

Vladimir Kuzmin-Karavayev The Russian Review (1916)

In the long run, the question of prices, as well as of supply and demand, is settled, not by the seller's cupidity, but by the normal desire of gain and the normal fear of loss. Therefore, if we admit that the large dealers in grain did not send to Petrograd and Moscow sufficient quantities of food products, we must come to the conclusion that the system of fixation, requisition, and punishment, like a two-edge instrument has directed its sharper edge against the consumer, and not the seller. The truth of this conclusion is borne out by the fact that Petrograd is threatened by wood famine.
Source: Wikisource

Vladimir Kuzmin-Karavayev The Russian Review (1916)

Therefore, the condition in which people with "fixed incomes," (who constitute the bulk of the city population) , find themselves, may be called either increased cost of living, or depreciation of money.
No less important is the economic crisis, which has had its most marked effects again, upon persons with "fixed incomes," Russian economic life is based on rural economy.
Source: Wikisource

Vladimir Kuzmin-Karavayev The Russian Review (1916)

At a recent meeting of the Petrograd Municipal Council it was reported that the supply of wood for the current winter has been much smaller than usual, despite the fact that the demand has increased considerably, due to the fact that many manufacturing concerns now use wood instead of coal. Yet, in the districts which usually supply Petrograd with wood, fewer trees have been cut down than formerly. Thus, the wood dealers, obviously taking into account the administrative measures, diminished their productive activities.
Now, increase in the cost of living must be regarded as inevitable.
Source: Wikisource

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