DOLLAR PAYMENTS
NOT SOUGHT BY U.S.A. SETTLEMENT PROPOSALS (10 a.m.) WASHINGTON, Sept. 2. The United States was not seeking dollar payments in settlement for lendlease, said the Secretary of State, Mr. Byrnes A formal settlement must be worked out with foreign Governments. There was no justification for the assumption that all lend-lease debts were cancelled and that the only settlements required would be for shipments unused or undelivered at the close of the war.
“The purpose of lend-lease was to win the war and the peace,” he added. “In the settlement of lend-lease we are not seeking paper contracts to pay dollars which won’t be available to our debtors, but that does not mean there are no lend-lease settlements to be negotiated.”
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Bibliographic details
Gisborne Herald, Volume LXXII, Issue 21809, 4 September 1945, Page 2
Word Count
122DOLLAR PAYMENTS Gisborne Herald, Volume LXXII, Issue 21809, 4 September 1945, Page 2
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