February 3, 1942 – Stimson Sells Loan to Chinese
Henry Stimson appeared before the Foreign Relations Committee of the House of Representatives of the US Congress and successfully convinced the congressmen to approve a US$500,000,000 loan for the Chinese. This was done as a favor for Chiang Kaishek, who was considering to accept an American request for him to launch an offensive into northern Burma.
via 1942 Timeline | World War II Database.
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