Word: lende
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Dates: during 1940-1949
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...advisers - Secretary Jimmy Byrnes, Treasury Secretary Fred Vinson, Foreign Economic Administrator Leo Crowley, War Mobilizer John Snyder, Fleet Admiral William Leahy. Then the President spoke his mind: he was dead set against the U.S. adding to its reputation as a Santa Claus; he wanted Lend-Lease cut to a minimum now, liquidated as quickly as possible...
...unprecedented device by which Franklin Roosevelt, nine months before U.S. entry into the war, began to furnish munitions, food, tools and services to nations who became U.S. allies. By this week the horn of U.S. industry and plenty had poured out about $40 billion worth of Lend-Lease. It was help which in the end-result of victory could not be truly measured by what Franklin Roosevelt had once called "the silly foolish old dollar sign...
What device would replace Lend-Lease? There was still no firm policy, but Leo Crowley's FEA experts had long considered plans for long-term loans and mutual-assistance credits. In some cases loans might be made without interest. Whatever the name or method of bookkeeping, it was another hot potato for the Truman administration to handle-and Congress was certain to raise more Santa Claus objections...
Over to Congress. There he specialized in economic matters, did much of the spadework on Lend-Lease, and headed the U.S. delegation to the conference which set up UNRRA. Later, he took over as the department's Congressional liaison man. Congressmen liked him: his technique was facts and argument, not fixing...
...China, General Chu Teh sent an ultimatum: their forces in north, central and south China must surrender only to the Chinese Communists. To the U.S., Russian and British Ambassadors in Chungking, Yenan sent a memorandum: the Chinese Communists must be represented at the formal surrender of the Japanese; U.S. Lend-Lease to the Central Government must stop immediately...