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Great Britain And United States (Mutual Aid Agreement)

Volume 390: debated on Thursday 3 June 1943

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asked the Chancellor of the Exchequer whether he is aware that the Government in the United States of America are keeping a close record of supplies under Lend-Lease, and how he proposes to deal with any claim made against this country at the end of the war, in view of the fact that no similar strict account is being kept of any supplies or services rendered by this country to the United States?

I would refer my hon. Friend to the Mutual Aid Agreement of 23rd February, 1942. Our position will not, in my judgment, be prejudiced by the fact that we do not keep a strict monetary account of the value of supplies and services rendered by this country to the United States. I explained in my Budget Speech why we do not do so.