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Lend-Lease

thumb|upright=1.3|Franklin D. Roosevelt|President Roosevelt signs the Lend-Lease bill to give aid to Britain and China (March 1941). thumb|United States House of Representatives|House of Representatives bill # 1776, p.1 Lend-Lease, formally the Lend-Lease Act and introduced as An Act to Promote the Defense of the United States (), was a policy under which the United States supplied the United Kingdom, the Soviet Union, France, the Republic of China, and other Allied nations of the Second World War with food, oil, and between 1941 and 1945. The aid was given free of charge on the basis that suc

AI overview

Lend-Lease was a policy through which the United States supplied food, oil, and other materials to Britain, the Soviet Union, China, and other Allied nations during World War II from 1941 to 1945, providing aid free of charge. President Roosevelt signed this act in March 1941 as a way to support Allied nations fighting in the war while officially keeping the United States involved in defense efforts.

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Key facts

U.S. legislation.name: Lend-Lease Act
U.S. legislation.othershorttitles: An Act to Promote the Defense of the United States
U.S. legislation.fullname: An Act further to promote the defense of the United States, and for other purposes.
U.S. legislation.nickname: Lend-Lease
U.S. legislation.enacted by: 77th
U.S. legislation.effective date: March 11, 1941
U.S. legislation.introducedin: House
U.S. legislation.introducedbill: H.R. 1776
U.S. legislation.introducedby: John W. McCormack (D–MA)
U.S. legislation.introduceddate: January 10, 1941
U.S. legislation.committees: House Committee on Foreign Affairs
U.S. legislation.passedbody1

Article

21 sections

Contents

History
Non-interventionism and neutrality
Cash and carry
Lend-Lease proposal
Multilateral Allied support
Scale, value and economics
Administration
Significance of Lend-Lease
Returning goods after the war
Deliveries to the Soviet Union
United States
Great Britain
Repayment
Legacy
See also
Notes
References
Citations
Bibliography
Primary sources
External links

The Lend-Lease Act was signed into law on March 11, 1941, and ended on September 20, 1945. A total of $50.1 billion (equivalent to $ in when accounting for inflation) worth of supplies was shipped, or 17% of the total war expenditures of the U.S. In all, $31.4 billion went to the United Kingdom, $11.3 billion to the Soviet Union, $3.2 billion to France, $1.6 billion to China, and the remaining $2.6 billion to other Allies. Roosevelt's top foreign policy advisor Harry Hopkins had effective control over Lend-Lease, making sure it was in alignment with Roosevelt's foreign policy goals.