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Updated: May 15, 2025
One might scrutinize the history of corruption in every country of Europe without finding anything to beat this Teutonic device, which at the same time gratified the cupidity of the money-makers and dealt a stunning blow at the Russian State. Half of the shares of the celebrated Putiloff munitions factory are said to have belonged to the Austrian Skoda Works. Cf. Novoye Vremya, August 17, 1915.
The Putiloff works, which before the war were nearly falling into German hands and have since been supplying munitions for the Tsar's army, were stricken with creeping paralysis, against which exhortations and threats were vain, and finally they had to be sequestrated by the State.
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