The Under Secretary of the Treasury, Seymour Parker Gilbert, said the Note was "dangerously near to an attempt at repudiation...The insistence of the British on the theory that our loans to them were made in order to help their allies is about as irritating a piece of nonsense as has been pulled in the whole discussion about inter-governmental debts".
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Robert M. Kimmitt (born 1947), United States Deputy Secretary of the Treasury under President George W. Bush