BRITISH SUPPLY COUNCIL IN NORTH AMERICA
     
                    WILLARD HOTEL
                    WASHINGTON DC
 
                                   JANUARY 5, 1941
 
 
DEAR MR. SECRETARY:
 
     I INCLOSE FOR TRANSMISSION TO THE 
 
PRESIDENT THE NEW STATEMENT OF BRITSIH REQUIRE-
 
MENTS DURING THE 1941 AND 1942 OF-
 
          MERCHANT SHIPS
          AIRCRAFT
          ORDINANCE
          STEEL
          MACHINE TOOLS
 
- WHICH STATEMENT WAS PROMISED IN THE PRIME
 
MINISTER'S LETTER TO THE PRESIDENT OF DECEMBER 
 
8TH, 1940, PARAGRAPH 16, AND AGAIN IN HIS CABLE
 
OF JANUARY 2, 1941.
 
               VERY TRULY YOURS,
 
                    CHAIRMAN
 
 
THE SECRETARY OF THE TREASURY,
WASHINGTON,
D.C.