CONFERENCE HELD ON JULY 31, 1941, BETWEEN 
          MR. STALIN, MR. HOPKINS, AND THE 
         INTERPRETER MR. LITVINOV, AT THE 
           KREMLIN IN MOSCOW - 6:30 p.m. TO
                           9:30 p.m.
 
                           PART II
 
          I told Mr. Stalin at this conference that our 
Government and the British Government (Churchill having 
authorized me to say this) were willing to do everything 
that they possibly could during the succeeding weeks to 
send materiel to Russia. This materiel, however, must 
obviously be already manufactured and that he - Stalin -
must understand that even this materiel could in all 
probability not reach his battle lines before the bad 
weather closes in.
          I told him that we believed that plans should be 
made for a long war; that so far as the United States 
was concerned we had large supply commitments in relation 
to our own Army, Navy and Merchant Marine, as well as 
very substantial responsibilities for supplies to England, 
China and the Republics of South America.
          I told him that the decisious relating to the long 
range supply problem could only be resolved if our 
Government had complete knowledge, not only of the 
military situation in Russia, but of type, number and 
quality of their military weapons, as well as full
knowledge of raw materials and factory capacity.