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World War Two

Happy Birthday
Lend-Lease

• Newsweek Magazine, 1944 •


On the right is an article that was written on the third anniversary of the passage of the Lend-Lease Act and it lists the numerous munitions that were made available to the allied nations who signed the agreement:

“Three hours after Lend-Lease became law, the first “loan” was made. Gun-hungry Britain received 28 PT and PTC motor torpedo boats, 3,000 depth charges and some medium-caliber naval guns, gun mounts and ammunition for its merchant ships. In the first month of the program, its administrator disbursed $18,000,000 of its original $7,000,000,000 appropriation… Of the 150,000 planes we built since March, 1941, 21,000 went to our Allies – cash value, $1,700,000,000. The Navy transferred nearly 1,400 ships worth more than $1,000,000,000 – everything from aircraft carriers to corvettes to landing craft… By January, 1944, $19,986,000,000 in American aid had gone out – 14 percent of our total expenditures. To the original recipients – Britain and Greece – had been added China, Russia, Latin America, the Free French and a host of smaller nations.”

A 1939 article about Lend-Lease can be read here…

 

Read Highlights of the Lend-Lease Act<br>(Newsweek Magazine, 1944) for Free
Lend-Lease Act third anniversary 1944Lend-Lease Act magazine article 1944an account of Lend-Lease Act 1944

Happy Birthday[BR]Lend-Lease

Happy Birthday[BR]Lend-Lease

Happy Birthday[BR]Lend-Lease

Lend-Lease Act third anniversary 1944Lend-Lease Act magazine article 1944an account of Lend-Lease Act 1944
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