ABSTRACT

In Washington, similar apprehensions had led from time to time to the consideration of using lend-lease as a device for immediate postwar reconstruction. In the Foreign Economic Administration Oscar Cox was busily promoting his plan to use Section 3-c of the Lend-Lease Act to give the Russians a head start on reconstruction by enabling them to order lend-lease equipment with a postwar use. Policy on loans, reconstruction, Russia, and the future of lend-lease for the postwar period was largely unformed, and the mood was one of hesitancy and caution. The matter of using lend-lease for postwar reconstruction finally came to a head in the early months of 1944, when consideration of various schemes for postwar recovery intensified and decisions had to be made about the interpretation of Section 3-c for materials with a useful postwar life. In Washington, however, word of the study circulated among those concerned with lend-lease and postwar reconstruction and provoked considerable discussion.