Published in 
Stalin's Correspondence with Churchill,
Attlee, Roosevelt and Truman, 1941-1945
Vol. 11.    Page 15
 
 
PARAPHRASE OF THE TEXT OF A LETTER ADDRESSED 
BY MR. JOSEF STALIN UNDER DATE OF NOVEMBER 4, 
1941 TO THE PRESIDENT.
 
    The American Ambassador, Mr. Steinhardt, through 
Mr. Vyshinmki, presented to me on November 2, 1941 an 
aide memoire containing the contents of your message, 
the exact text of which I have not yet received.
 
     First of all I would like to express my sincere 
thanks for your appreciative remarks regarding the ex-
peditious manner in which the conference was handled. 
Your assurances that the decisions of the conference 
will be carried out to the limit is deeply appreciated
by the Soviet Government.
 
    Your decision, Mr. President, to grant to the Soviet 
Union a loan in the amount of one billion dollars subject 
to no interest charges and for the purpose of paying for 
armaments and raw materials for the Soviet Union is 
accepted with sincere gratitude by the Soviet Government 
as unusually substantial aid In its difficult and great 
struggle against our common enemy, bloodthirsty Hitlerism.
 
     I agree completely, on behalf of the Government 
of the Soviet Union, with the Conditions which you outlined 
for this loan to the Soviet Union, namely that payments 
on the loan shall begin five years after the end of the 
war and shall be completed during the following ten-year 
period.
 
                                                            The