“I spoke of the melancholy financial position of Great Britain. Half our foreign investments had been spent in the common cause when we stood alone. There is a great external debt of three thousand million pounds. We should require time to get on our feet again. The President listened closely, attentively and sympathetically. He spoke of the immense debt the Allies owed to Britain for that period when she fought alone. "If you had gone like France," he added, "we might well be fighting the Germans on the American coast at the present time."”

Churchill's account of his conversation with President Truman (18 July 1945), quoted in Lord Moran, Winston Churchill: The Struggle for Survival, 1940-1965 (London: Sphere, 1968), p. 298
The Second World War (1939–1945)

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Winston S. Churchill 601
Prime Minister of the United Kingdom 1874–1965

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