Australia USA Lend Lease

[Mike Cecil]

$27M difference in 1946 $ hardly seems like 'close to square' to me, Lang. The only cash purchases I have found record of after March 1941 were small amounts in the hundreds of $$ per transaction, which fits with the government policy ceiling of $1,000 USD. Even then, the purchase had to be approved by the US LL authorities as being in the mutual interest and best use of the resource.

Given the wide variety of items and quantities supplied to US Forces under RLL, it seems quite reasonable to me that Australia reached around 75% of the LL total supplied to Australia by war's end.

Mike