What Was The Lend Lease Agreement

In practice, with the exception of a few unarmed transport vessels, very few returns have been made. Excess military equipment had no value in peacetime. Lease agreements with 30 countries do not provide for reimbursement in the form of money or returned goods, but by „common measures to create a liberalized international economic order in the post-war world.“ It is the United States that would be „reimbursed“ if the recipient fought against the common enemy and joined world and diplomatic trade organizations such as the United Nations. [49] The Lend-Lease Act gave the President the power to sell, sell, lease, lend or lease supplies to countries whose defence was essential to American interests. President Roosevelt explained the act by comparing it to the allocation of a garden hose to a neighbour to put out a fire. The public supported this concept and Congress passed the Lend-Lease Act in March 1941. In June 1941, a few weeks after the German invasion of the USSR, the first British aid convoy headed for Murmansk along the dangerous Arctic sea route and arrived in September. He carried 40 Hawker Hurricanes with 550 mechanics and pilots from No. 151 Wing in Operation Benedict to provide air defense for the port and train Soviet pilots. The convoy was the first of many convoys to Murmansk and Arkhangelsk in so-called Arctic convoys, the return ships carrying the gold used by the USSR to pay the United States. [64] Reverse Lend-lease was the delivery of equipment and services to the United States. Nearly $8 billion ($124 billion today) of war equipment has been made available to U.S. forces by their allies, 90% of that money coming from the British Empire.

[73] Reciprocal contributions included the Austin K2/Y military ambulance service, British spark candles for the B-17 Flying Fortresses,[73] Fairmile launches in Canada, used in anti-submarine warfare, Mosquito photo recognition aircraft and Indian petroleum products. [74] Australia and New Zealand provided most of the food to U.S. forces in the South Pacific. [73] [75] … The total amount of defence materials and services received by Canada through Lend`s rental channels was approximately $419,500,000. „And so our country will be what our people have announced, the arsenal of democracy.“ I would like to express my sincere opinion on Stalin`s views on whether the Red Army and the Soviet Union could have faced Nazi Germany and survived the war without the help of the United States and Great Britain. First of all, I would like to talk to you about some remarks that Stalin made and repeated several times when we „discussed freely“ between us. He stated bluntly that we would not have won the war if the United States had not helped us. If we had to fight Nazi Germany one by one, we would not have been able to resist the pressure of Germany and we would have lost the war.

No one has ever spoken officially about this subject and I do not think Stalin has left any written evidence of his opinion, but I will say here that he has noticed several times, in conversations with me, that these are the real circumstances.