Abstract <p>The influence of estimated financing on the development of military production at state-owned mining plants in the early 20th century is analyzed. The source of the work is the “Estimates of Income and Expenditure of the Mining Department.” Two periods in the development of the plants are distinguished—before and after 1909. It is concluded that finances determined the volume of production. In the first period, the amount of operating credit was 10.8 million rubles; the lack of operating funds was covered by advances from customers. The output of the plants was maintained at 10.8–14.1&#xa0;million rubles, while only 50–60% of the output was used to solve the main task of the plants—supplying the army and navy with weapons and metal. After 1909, the amount of operating credit began to be determined by production plans; as a result, the volume of production increased threefold in six years, and the share of military production increased to 65–70%.</p>

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Military Production at State-Owned Mining Plants in the Early 20th Century: Finance as a Factor of Development

  • G. N. Shumkin

摘要

Abstract

The influence of estimated financing on the development of military production at state-owned mining plants in the early 20th century is analyzed. The source of the work is the “Estimates of Income and Expenditure of the Mining Department.” Two periods in the development of the plants are distinguished—before and after 1909. It is concluded that finances determined the volume of production. In the first period, the amount of operating credit was 10.8 million rubles; the lack of operating funds was covered by advances from customers. The output of the plants was maintained at 10.8–14.1 million rubles, while only 50–60% of the output was used to solve the main task of the plants—supplying the army and navy with weapons and metal. After 1909, the amount of operating credit began to be determined by production plans; as a result, the volume of production increased threefold in six years, and the share of military production increased to 65–70%.