Harry Truman actually said...

"Each of these countries is an important part of the defense plans of the free world."

"The military effort on the part of these countries which will be made possible by this transfer will be considerably larger than the amount of funds transferred."

"The provisions of sections 902 and 903 of Executive Order No. 10161, as amended (including those with respect to subpoena), are hereby made applicable to the Small Defense Plants Administrator."

"I am satisfied that this transfer of funds will in fact contribute more to military strength in Europe than if the same funds were to be used to procure military end-items for delivery to the countrie..."