LEND-LEASE: The Big Pool

Like two giants groping through a fog, the U.S. and Great Britain struggled haltingly toward solution of a vast and embarrassing problem last week.

What is Lend-Lease? Is it a one-way charity through which the U.S. has bailed out the British Empire? Are its books the record of a war debt? Can they ever be balanced without the suspicions and recriminations that followed World War I? These questions could no longer be ignored.

On the U.S. side of the Atlantic, suspicions had grown steadily. And since Administration statements stressed the out flow, and soft-pedaled...

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