Word: lende
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Dates: during 1940-1949
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There followed those acts "short of war": cash & carry, Lend-Lease, the 50 destroyers and one million rifles to help Britain save herself after Dunkirk; the peacetime draft; the declaration of "emergency," the branding of Germany as an "international outlaw" in June...
...boost in price ceilings would mean more meat on U.S. dinner tables. The chief cause of the meat shortage, said he, was less the price squeeze than bad distribution. This is due chiefly to the Federal Government's system of buying meat for the armed forces, Lend-Lease, etc. It can buy only from the big, federally inspected packing houses which also supply most big cities. Thus, small packers who supply only markets within their own state have more than their share of the meat supply, while the cities far from major slaughtering centers have less. To even things...
...might shrink even further if foreign balances in the U.S. of $5.3 billions are converted into gold. Reason for today's lowered total: the U.S. has been paying cash for more than half of its war imports and purchases in foreign lands (most of its vast exports are lend-lease, bring home no U.S. dollars). Thus the gold which poured into the U.S. in the '30s is now going out again...
Five Republicans of the House Foreign Affairs Committee last week came out with an eyebrow-raising minority report on the French Lend-Lease agreement (TIME, March 12). They said it was "by its very terms a postwar agreement...
...economic policy, a good case can be made out for the new type of Lend-Lease agreement. During wartime it saves shipping space and home-front manpower to ship our Allies the tools and let them make needed supplies with their own manpower. During the peace to come, it will be better to be paid for goods that still have useful life than 1) to write them off or 2) to take them back to add to the postwar surpluses on the U.S. doorstep...