840.50/9-1744
The Secretary of State to the President
Washington, September 17, 1944
Top secret
Memorandum for the President
I note from your record of conversation with the Prime Minister on September 14, 1944 that lend-lease aid during the war with Japan will exceed, in food, shipping, et cetera, the strategic needs of Great Britain in carrying on that war and will, to that extent, be devoted to maintaining British economy. Would it not be well to make clear to the Prime Minister at this time that one of the primary considerations of the Committee, in determining the extent to which lend-lease might exceed direct strategic needs, would be the soundness of the course adopted by the British Government with a view to restoring its own economy, particularly with regard to measures taken to restore the flow of international trade? My thought on this, which applies to financial assistance through lend-lease or in other forms, is developed in the last enclosure, of which a copy is attached, to my memorandum to you of September 8, 1944.
C H