Lend Lease Aggregates Five Billion

Northern Advocate, 13 March 1944, Page 4

Lend Lease Aggregates Five Billion

(8.0. W.)

RUGBY, March 12

Lend-Lease supplies to the Allies since March, 1941, have a total value of 19,986,000,000 (£5,000,000,000) and have absorbed 14 per cent, of total United States war expenditure. These figures are contained in the opening paragraphs of President Roosevelt’s Isnd-lease report to Congress published today, the third anniversary of the Lend-Lease Act by the United States Foreign Economic Administration. Aid furnished last year totalled 11,733,000,000 dollars, compared with 7,009.000,030 in 1942 and 1,244.000 in 1941.

Weapons of War

Planes, bombs, tanks, ships, guns and other munitions accounted . for the greatest part of the total aid. For the entire period they represented 54 per cent, of the total. The ratio was 22 per cent, in 1941, 47 per cent, in 1942 and 62 per cent, in 1943. and 67 per cent, in December, 1943. Lend-lease exports of aircraft engines and parts to all the Allies since March, 1941, totalled more than 1,000,000,000 dollars. The Allies obtained for cash in the same period aircraft engines and parts from the United States valued at an additional 560,000,000 dollars. Foodstuffs and other agricultural products transferred have a value of 2,534,000,000 dollars. Food shipments supplied a vital 10 per cent, of Britain’s food supply and enabled the Soviet to maintain the Red Army's rations.