§ 52. Mr. Ralph Ethertonasked the Chancellor of the Exchequer whether, in arriving at the totals of Lend-Lease goods supplied to the United Kingdom, any credit is passed to this country in respect of the large sums returned to the U.S. Treasury under re-negotiated contracts.
§ Sir J. AndersonI am not in a position to state how the receipts of the nature referred to by the hon. Member are dealt with in the accounts of the United States Government. The basis of Lend-Lease and Reciprocal Aid has been to supply goods and services, and particulars of the costs incurred by the United States Government in providing supplies to the United Kingdom under Lend-Lease are not furnished to His Majesty's Government.
§ Mr. EthertonIf the costs are not supplied, does not the present system give a false impression of the total?
§ Sir J. AndersonIt does mean that such figures as are available may not be complete; but we have always made it quite clear that accounting for Lend-Lease and Reciprocal Aid is not on a cash basis.