For almost an hour President Truman listened hard to the arguments for extension of Lend-Lease. There were reasons for an immediate decision: 1) China had made a formal request for extension, and its Premier Dr. T. V. Soong was waiting on the doorstep (see FOREIGN NEWS); 2) Charles de Gaulle, reaching the door step this week, would doubtless bring up the question; 3) Britain, normally the best U.S. customer, could not buy heavily in the U.S. market without help in putting its own economy in order; 4) Russia, potentially a good customer, had already asked for $6 billion...
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