After four years and $43 billion of Lend-Lease, Americans were realizing that money does not buy love. Last week's debate on the $4,400,000,000 U.S. loan in the British House of Commons showed deep British bitterness at what were called harsh U.S. terms. Britons accepted the terms because the alternative of no loan seemed worse. But they did not like it.
Said Chancellor of the Exchequer Hugh Dalton: "The great amount of debt we bring out of the war is indeed a strange reward for all we in this island did and suffered." Ernest Bevin frankly compared the U.S. to "a money lender."...
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