Monday, Sep. 20, 1943

Correction

It was all a mistake, Franklin Roosevelt told his press conference. He wanted to apologize.

Three weeks ago the eleventh quarterly report on Lend-Lease went to Congress along with a letter over the President's name which bluntly stated that the U.S. did not want repayment of Lend-Lease debts from the United Nations. The quote: "Victory and a secure peace are the only coin in which we can be repaid." Promptly many a U.S. citizen felt acute tax pains, many a U.S. newspaper bellowed loud (TIME, Sept. 6).

Explained President Roosevelt: While he was in Quebec, several drafts of the letter were prepared and one of them had his initials of approval typed on it.

This week a corrected letter went to Congress. The President still wants it made clear that the U.S. will avoid debts in the World War I sense of the word. But this country would expect its allies to return the aid in goods and services "so far as they possibly could." Lend-Lease is still lent, still leased.

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