LEND-LEASE: Report

American Lend-Lease is neither lent nor leased but will be written off as a U.S. contribution to the war. Last week for the first time that fact, long realized by many U.S. citizens, was made explicit to all by President Roosevelt, when he sent to Congress the eleventh quarterly report on Lend-Lease.

Promptly the New York Times called for a change of name: "The designation 'Lend-Lease' misleads both foreign nations, who may think us less generous than we are, and many of our own people, who may be led by the term to expect repayment as they expected it during the...

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