389 
other lists separately expenditures used for ‘‘national economy invest- 
ments”. Average current yearly investments for fisheries amounting 
to about 800 million rubles,4 represent 0.5 percent of the total Soviet 
budget and 1.1 percent of the “national economy” investments. 
During 1928-75, the Soviet Union invested almost 12 billion rubles 
in its fishing industry. Investment allocations, which were meager dur- 
ing the first 20 years, increased spectacularly after the end of World 
War II. The rapid increase from about 20 million rubles to over 
70 million rubles a year was needed to rebuild the fishing fleet in 
the Barents, Baltic, Black, and Caspian Seas where German air 
supremacy in the first years of the conflict inflicted severe losses 
of fishing craft. Most Soviet vessels engaged in those fisheries were 
sunk or damaged. Rebuilding destroyed port facilities and processing 
plants also required large investment funds. 
The capital investments in the Soviet fishing industry for the past 
50 years are shown in table 1. They are divided into the 5-year 
planning periods. ° 
“This sum does not include expenditures for the construction of housing for fishermen, fish- 
processing workers, and fishery administrators. 
> During the war years 1941-45 there was no 5-Year Plan; nevertheless, a total of 96.8 million ru- 
bles was invested in the fishing industry. 
