Based upon his tours of the country, his meetings with ordinary Russians, and such Soviet leaders as Chicherin, Dzerzhinsky, Kamenev, Radek, Rykov, Krassin, Sokolnikov, Zinoviev, Litvinov, Trotsky, and Stalin, Goodrich came to the conclusion that the Russian Revolution was a permanent event with which the West had to come to terms sooner or later. Optimistically - in reality too optimistically - he concluded that Russia, as a result of V. I. Lenin's New Economic Policy, was embarking upon the road to capitalism. His recommendation, which he offered calmly and unemotionally to Presidents Warren G. Harding and Calvin Coolidge, was that America should extend diplomatic recognition and encourage trade. Practically the only occasion in his entire lifetime when he agreed with a Democrat was in 1933, when President Franklin D.