A Law which Changed the world scenario......Lend & Lease Act
End of the Empire & rise of Sole World Power
The actual name of that law was An Act to Further Promote the Defense of the United States. US representative institutions passed it in March 1941 yet it was on card from late 1939. Isolationists were against it , democrats view point was clear as they were in favour of continuity of US neutrality policy. But FDR, more precisely US State was ready to exploit their technological edge of war industry so they left neutrality policy and entered in the "European conflict". The empire (Britain) was under pressure especially after May 1940 i-e defeat of France.
A total of $50.1 billion (equivalent to $639 billion today) worth of supplies were shipped: $31.4 billion to Britain, $11.3 billion to the Soviet Union, $3.2 billion to France, $1.6 billion to China, and smaller sums to other Allies. Reverse Lend-Lease comprised services such as rent on air bases that went to the U.S., and total $7.8 billion; of this, $6.8 billion came from the British and the Commonwealth. The terms of the agreement provided that the material was to be used until time for their return or destruction. Supplies after the termination date were sold to Britain at a large discount for £1.075 billion using long-term loans from the United States. Canada operated a similar program that sent $4.7 billion in supplies to the United Kingdom and the Soviet Union.[2] The United States did not charge for aid supplied under this legislation.
This program was a decisive step away from non-interventionist policy, which had dominated United States foreign relations since the end of World War I, towards international involvement.(ref:http://en.wikipedia.org/wiki/Lend-Lease)
- L & L Act 11- March 1941 US President became the most powerful man in the world
- L & L extends April 1941 China was also included in it
- New Pact July 1941 Under new scenario Britain has to stop russo-phobia temporarily and now both Britain & USSR were friends in arms
- Atlantic Charter 14- August 1941 Beginning of the end of colonization
- L & L extends October 1941 USSR was also included in it
- Tehran Conference 1943 USA+Britain+USSR
- End of 3rd International 1943 USSR abolished International body of communists (comentern) and then formed a new international body of communists (cominform) which had only pro-russian communist parties only. Exclusion of Chines Communist party was one example to understand it
- Yalta conference 1945 new world arrangement finalized
- That was a changed world yet when that process started there were very few people who had an eye on it. read the story and enjoy
- http://e.dunya.com.pk/detail.php?date=2013-05-29&edition=LHR&id=380430_52372669
No comments:
Post a Comment