On the Sabotage by Foreign Banks of Short-Term Obligations of the State Treasury During the Foreign Intervention in the Russian Far East and Siberia

The revolutionary events of 1917, the Civil War, and the military intervention of the allied powers in the Russian Far East (1918–1922) were marked by frequent regime changes and an acute monetary crisis. Each government tried to solve it by issuing its own currency surrogates. These included 5% short-term liabilities of the State Treasury of the Provisional Siberian Government and short-term liabilities of the State Treasury of the Provisional All-Russian Government. Branches of foreign financial institutions established in the region refused to accept these obligations on a par with the national banknotes, in violation of the previously effective laws. This contributed to the depreciation of the Russian rouble and had a significant negative impact on the monetary situation and the economic situation of the region in what was already a very difficult historical period. The issue, circulation, and withdrawal of various short-term liabilities of the State Treasury have been extensively discussed in the writings of Russian historians. However, an intriguing and historically significant aspect, such as the refusal to accept these obligations on an equal basis with the national banknotes operating in the region by branches of foreign banks, has remained outside the scope of these studies. The author examines previously overlooked aspects of the operations of branches of foreign banks in the Far East of Russia in 1918–1922. In addition, for the first time, archival documents relating to the subject are being brought into scholarly circulation.

Keywords

liabilities of the state treasury, civil war, Russian Far East, Siberia, foreign intervention, foreign banks, money circulation, financial policy

Received

07.09.2021

Publication date

25.01.2022

Number of characters

29174

Cite

GOST	Kiselev A. On the Sabotage by Foreign Banks of Short-Term Obligations of the State Treasury During the Foreign Intervention in the Russian Far East and Siberia // Novaia i noveishaia istoriia – 2022. – Issue 1 C. 194-205 [Electronic resource]. URL: https://nni.jes.su/S013038640018282-8-1 (circulation date: 04.10.2024). DOI: 10.31857/S013038640018282-8
MLA	Kiselev, Andrey "On the Sabotage by Foreign Banks of Short-Term Obligations of the State Treasury During the Foreign Intervention in the Russian Far East and Siberia." Novaia i noveishaia istoriia 1 (2022):194-205. DOI: 10.31857/S013038640018282-8
APA	Kiselev A. (2022). On the Sabotage by Foreign Banks of Short-Term Obligations of the State Treasury During the Foreign Intervention in the Russian Far East and Siberia. Novaia i noveishaia istoriia (1), pp.194-205 DOI: 10.31857/S013038640018282-8

100 rub.

When subscribing to an article or issue, the user can download PDF, evaluate the publication or contact the author. Need to register.

Number of purchasers: 0, views: 373

Readers community rating: votes 0

1. Banknoty Rossii perioda Grazhdanskoj vojny 1917–1922 godov. Katalog. SPb., 2016.

2. Baranov A.G. Bor'ba s fal'shivomonetchikami v kolchakovskoj Rossii // Trudy Moskovskogo gosudarstvennogo gumanitarnogo universiteta Pravitel'stva Moskvy. 2005. Vyp. 6. S. 40–59.

3. Blinov S.I., Petin D.I. Kratkosrochnye obyazatel'stva Gosudarstvennogo kaznachejstva pravitel'stva Kolchaka nominalom 25 rublej: klassifikatsiya po vidam i nomeram serij // Peterburgskij kollektsioner. 2013. № 6. S. 12–14.

4. Blinov S.I., Petin D.I. Storublevye kratkosrochnye obyazatel'stva gosudarstvennogo kaznachejstva pravitel'stva Kolchaka // Peterburgskij kollektsioner. 2015. № 31 (83). S. 7–9.

5. Budberg A.P. Dnevnik. 1917–1919. M., 2016.

6. Gins G.K. Sibir', soyuzniki i Kolchak. Povorotnyj moment russkoj istorii. 1918–1920. M., 2013.

7. Klaving V.V. Grazhdanskaya vojna v Rossii: Belye armii. Voenno-istoricheskaya biblioteka. M., 2003.

8. Kolchak i interventsiya na Dal'nem Vostoke. Dokumenty i materialy / otv. red. B.I. Mukhachev, M.I. Svetachev. Vladivostok, 1995.

9. Navolochkin N.D. Delo o polutora millionakh. Khabarovsk, 1969.

10. Nikolaev R.V. Den'gi – Vremya – Vlast'. SPb., 2002.

11. Nikolaev R.V. Den'gi admirala Kolchaka // Peterburgskij kollektsioner. 2003. №1 (22). S. 14–15.

12. Paramonov O.V. Sibirskie den'gi. Internet Al'manakh «Den' za dnem»: Nauka. Kul'tura. Obrazovanie. URL: http://www.den-za-dnem.ru/page.php?article-283 (data obrascheniya: 06.03.2021).

13. Petin D.I. Dokumenty Vremennogo pravitel'stva avtonomnoj Sibiri o khozhdenii voennykh deneg Sibirskoj ehkspeditsii yaponskikh vojsk // Novejshaya istoriya Rossii. 2015. № 3. S. 236–246.

14. Petin D.I. Pravda na pravdu: «Po soderzhaniyu zapiski po voprosu o vvedenii v obraschenie v Sibiri…» // Vestnik Omskogo universiteta. Seriya «Istoricheskie nauki». 2020. T. 7. № 1. S. 220–226.

15. Pogrebetskij A.I. Denezhnoe obraschenie i denezhnye znaki Dal'nego Vostoka za period Vojny i Revolyutsii (1914–1924). Kharbin, 1924.

16. Rynkov V.M. Finansovaya politika antibol'shevistskikh pravitel'stv vostoka Rossii (vtoraya pol. 1918 – nach. 1920 g.). Novosibirsk, 2006.

17. Finansovaya politika i denezhnoe obraschenie v Sibiri. 1917–1920. Dokumenty Istoricheskogo arkhiva Omskoj oblasti. Sb. dok. / avt. sost. D.I. Petin. Omsk, 2014.

18. Khodyakov M.V. Den'gi revolyutsii i Grazhdanskoj vojny: 1917–1920 gg. SPb., 2019.

19. Khodyakov M.V. Retsenziya na sbornik «Finansovaya politika i denezhnoe obraschenie v Sibiri. 1917–1920: dokumenty Istoricheskogo arkhiva Omskoj oblasti» // Novejshaya istoriya Rossii. 2014. № 3(11). S. 312–315.

20. Shikanova I.S. Denezhnaya reforma A.V. Kolchaka // Denezhnye reformy v Rossii. Istoriya i sovremennost'. M., 2004. C. 126–132.