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" The terms and conditions upon which any such foreign government receives any aid authorized under subsection (a) shall be those which the President deems satisfactory, and the benefit to the United States may be payment or repayment In kind or property,... "
Requisition of Properity by the United States, Hearings ..., on S. 1579 ... - Page 11
by United States. Congress. Senate. Committee on Military Affairs - 1941
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Merriam-Webster's Dictionary of Law

Merriam-Webster, Inc - Law - 1996 - 634 pages
...the authority to aid any nation whose defense he believed vital to the United States and to accept repayment "in kind or property, or any other direct...indirect benefit which the President deems satisfactory." The principal recipients of aid during World War II were the British Commonwealth countries (about...
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The Complete Idiot's Guide to 20th-century History

Alan Axelrod - History - 1999 - 491 pages
...any nation whose defense he believed vital to the United States and to accept repayment for such aid "in kind or property, or any other direct or indirect benefit which the President deems satisfactory." Soon, lend-lease was extended beyond aid to Great Britain. In April 1941, China was included, and,...
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Isaiah Berlin: Volume 1: Letters, 1928-1946, Volume 1

Sir Isaiah Berlin, Isaiah Berlin - Biography & Autobiography - 2004 - 755 pages
...lend-lease system in December 1940, and his Lend-Lease Act was passed in March 1941. The Act allowed repayment 'in kind or property, or any other direct...indirect benefit which the President deems satisfactory'. 3 Burton Kendall Wheeler (1882-1975), Democratic Senator from Montana 1923-47; Chairman of the Interstate...
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Russia's Life-saver: Lend-lease Aid to the U.S.S.R. in World War II

Albert Loren Weeks - History - 2004 - 175 pages
...power to sell, transfer, lend, or lease such war materiel. The president was to set the terms for aid; repayment "in kind or property, or any other direct or indirect benefit which the president deemed satisfactory." Days after Lend-Lease was passed, Roosevelt appointed his close friend and adviser,...
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A History of Central Banking in Great Britain and the United States

John H. Wood - Business & Economics - 2005 - 439 pages
...those which the President deems satisfactory, and the benefit to the United States may be payment or repayment in kind or property, or any other direct...indirect benefit which the President deems satisfactory," Article VII of The Master Lend-Lease Agreement of July 1942 was more specific: "In the final determination...
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Armies without Nations: Public Violence and State Formation in Central ...

Robert H. Holden - History - 2004 - 352 pages
...were allowed), and under what terms. The Act even empowered the President to authorize "payment or repayment in kind or property, or any other direct or indirect benefit which [he] deems satisfactory."12 Lend-Lease signaled the onset of two postwar trends that together radically...
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