In 1922 the Soviet government told the British Foreign Secretary, Lord Curzon, that unless Britain signed a peace treaty with Soviet Russia, it would cut off the supply of grain to British markets. Some speculate that in the late 1920s the Soviet Union began dumping grain at low prices for geopolitical reasons: Stalin hoped to damage Western capitalism. By 1930 one German newspaper was arguing for trade barriers to stop the flood of “cheap Russian produce.” At
