U.S. HAD NO OPTION
Promises To Congress By Two
Presidents
NO AID FOB REHABILITATION
Rec. 11.30 WASHINGTON, Aug. 24
Commenting on Mr. Attlee s statement that the termination of LendLease had placed Britain in a most serious financial, position, the Foreign Economic Administrator. Mr Leo Crowley, pointed out that British officials must have realised that Lend-Lease would have to be discontinued after the Japanese war. It could not be used as part of Britain's rehabilitation and reconverSi< ?' n i EKoTscretion under the law and the promises made to Congress by President Roosevelt and President Truman," said Mr. Crowley. « I repeatedly stated that Lend-Lease could not be used for postwar rehabilitation, If the promise to Coneress was broken it might jeopardise thl whole future authority we need in dialing with -economic aid for E^lt P was nTaTuestion of the sudden end of Lend Lease, but thes sudden end of the Japanese war. Othei f% 8 per cent interest. The Export !nd: Import Bank's facilities were also available.
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Bibliographic details
Auckland Star, Volume LXXVI, Issue 201, 25 August 1945, Page 5
Word Count
166U.S. HAD NO OPTION Auckland Star, Volume LXXVI, Issue 201, 25 August 1945, Page 5
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