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256 pages, Paperback
First published January 1, 1981
It turned out [American oil businessman] Sinclair was after a lease on the oil lands in he southern half of the Soviet Union's Sakhalin Island.
[Secretary of the Interior] Fall would go, he telegraphed...Sinclair, Fall, and Archibald Roosevelt set off for Moscow. They negotiated an agreement without a hitch, almost overnight, for an awesome amount of Russian oil. They signed the contract and returned to New York at once in the highest of spirits.
There was only one hitch to the agreement. The Russians had made a strange stipulation: within five years of the date of the contract, the United States must recognize the Soviet Union. All Sinclair, Fall, and Roosevelt needed to do was to alter the foreign policy of the United States, and they stood to make hundreds of millions of dollars.
Fall did not lose a moment in starting to work. When his ship docked in New York, the secretary was greeted by newspaper reporters. How had he liked Russia? The Soviet Union, he declared, was not as bad as it had been painted [during the first red scare]. In fact, he said, we look forward to the day that the Soviet Union is recognized by the US.