Britain and the U.S. have signed a secret treaty. The secret came out in a meeting of the Senate Foreign Relations Committee, and broke up the meeting.

The treaty's provisions were not revealed. But isolationists, who want to make capital of the fact that Britain and the U.S. have a secret understanding, said it is a reciprocal agreement to exempt all U.S. -owned properties and products which are needed for defense from taxation in Britain, and vice versa.

Best information was, however, that the treaty merely exempted from taxes defense plants in one country which were paid for by the Government...

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