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                                  TELEGRAM
 
TO: STALIN
 
               I HAVE SEEN THE PROTOCOL OF THE CONFERENCE HELD IN MOSCOW
AND DISCUSSED THE DATA CONTAINED THEREIN WITH THE MEMBERS OF OUR
MISSION.
 
               I HAVE APPROVED ALL OF THE ITEMS OF MILITARY EQUIPMENT AND
MUNITIONS AND HAVE DIRECTED THAT THE UTMOST EXPEDITIONS BE USED 
TO PROVIDE SO FAR AS POSSIBLIE THE RAW MATERIALS.   I HAVE ORDERED
THAT DELIVERIES BEGIN AT ONCE AND BE MAXNTAINED IN THE GREATEST
POSSIBLE VOLUME.
 
               IN ORDER TO REMOVE ANY FINANCIAL OBSTACLES I HAVE ALSO
DIRECTED THAT ARGUMENTS BE EFFECTED IMMEDIATELY WHEREBY
SHIPMENTS UP TO THE VALUE OF ONE BILLION DOLLARS MAY BE MADE 
UNDER THE LEND LEASE ACT.
 
                I PROPOSE, SUBJECT TO THE APPROVAL OF THE GOVERNMENT OF THE
U.S.S.R., THAT NO INTEREST BE CHARGED ON THE INDEBTEDNESS INCURRED 
AS A RESULT OF THESE SHIPMENTS AND THAT THE PAYMENTS ON SUCH
INDEBTEDNESs BY THE GOVERNMENT OF THE U.S.S.R. BEGIN ONLY FIVE 
YEARS AFTER THE CONCLUSION OF THE WAR AND COMPLETED OVER A PERIOD
OF TEN YEARS THEREAFTER.
 
                I HOPE THAT YOUR GOVERNMENT CAN ARRANGE TO MAKE SPECIAL
EFFORTS TO SELL THE UNITED STATES SUCH COMMODITIES AND RAW
MATERIALLS AS MAY BE AVAILABLE AND OF WHICH THE UNITED STATES 
MAY BE IN URGENT NEED, THE PROCEEDS OF SUCH SALES TO THE
GOVERENMENT OF
 
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