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President Roosevelt signs the Lend-Lease bill to give aid to Britain and China (March 1941). 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 (Pub. L. 77–11, H.R. 1776, 55 Stat. 31, enacted March 11, 1941), [1] [2] was a policy under which the United States supplied the United Kingdom, the ...
These weapons were supplied under lend-lease or bought outright. Tank / tank destroyer guns used by the British included the 37 mm M5/M6 gun ( General Stuart and General Grant/Lee tanks), 75 mm M2 gun ( General Grant/Lee ), 75 mm M3 gun (General Grant/Lee and General Sherman ), 76 mm gun M1 (General Sherman) and 3-inch gun M7 ( 3-inch GMC M10 ).
At the start of the war, Britain had spent the money that it did have in normal payments for materiel under the "US cash-and-carry" scheme.Basing rights were also traded for equipment, e.g., the Destroyers for Bases Agreement, but by 1941 Britain was no longer able to finance cash payments and Lend-Lease was introduced.
The Pacific Route was a delivery route used during World War II to move goods, particularly Lend-Lease goods from the United States to the Soviet Union.. This commenced in October 1941, though some goods had been moved prior to this under the "cash and carry" agreement.
The U.S. House gave final passage Thursday to legislation that would streamline a World War II-era military lend-lease program to more quickly provide Ukraine and other Eastern European countries ...
Under Lend-Lease, 4,102 M4A2 medium tanks were sent to the Soviet Union. Of these, 2,007 were equipped with the original 75 mm main gun, with 2,095 mounting the more-capable 76 mm gun. The total number of Sherman tanks sent to the USSR under Lend-Lease represented 18.6% of all Lend-Lease Shermans. [40]
Due to its expenditure on war materiel, Britain lacked gold reserves and U.S. dollars [3] to pay for existing and future orders with Canadian industry. At the same time, following expansion, Canadian industry was dependent on British contracts and before the war had had a positive balance of trade with the UK, but with the establishment of Lend-Lease, the UK secured future orders with the US.
The Persian Corridor was a supply route through Iran into Soviet Azerbaijan by which British aid and American Lend-Lease supplies were transferred to the Soviet Union during World War II. Of the 17.5 million long tons of US Lend-Lease aid provided to the Soviet Union, 7.9 million long tons (45%) were sent through Iran.