§ 70. Mr. Liddallasked the Chancellor of the Exchequer to what extent the United States has begun transferring its foreign trade from lend-lease to private commerce under a new Government policy; and what goods has Britain and its Empire agreed shall be switched from lend lease to a cash basis and handled through ordinary commercial channels.
§ Sir J. AndersonThe U.S. Government has intimated that lend-lease terms will no longer apply in the case of requisitions made after 15th November for certain items of capital equipment required for civilian purposes. The exact scope of this decision is still under discussion with the U.S. authorities and I cannot as yet say what changes in the method of procurement may be involved.