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I remember seeing something about lend-lease now having been recently paid off in full? But I can't find any reference to this atm. Does anyone else remember this? Morwen - Talk 18:11, 26 Feb 2005 (UTC)
I have deleted the reference to lend-lease being known as lease-lend in the UK - as a Briton I have never heard this, and anyone looking at Roy Jenkins's recent biography of Churchill or at the contemporary Liddell Hart's History of the Second World War will see that they both use the term 'lend-lease'.
I have removed the reference to lend-lease having started at the beginning of the war. I suspect that Americans sometimes forget that the war was over a third of the way through by the time they (thankfully) entered it; and lend-lease came in - at the critical height of the Battle of the Atlantic - in May 1941, getting on for two years after the outbreak of war.
The financing of lend-lease is summarised in the lead where it says:
"Materiel delivered under the act was supplied at no cost, to be used until returned or destroyed. In practice, most equipment was destroyed, although some hardware (such as ships) was returned after the war. Supplies that arrived after the termination date were sold to the United Kingdom at a large discount for £1.075 billion, using long-term loans from the United States, which were finally repaid in 2006. Similarly, the Soviet Union repaid $722 million in 1971, with the remainder of the debt written off."
This summary is backed up by sourced details in the body of the article. If you have sourced information contradicting the information in the article then please discuss it here. Shimbo (talk) 09:47, 31 January 2023 (UTC)[reply]
Dude, Russia literally "inherited" a big chunk of payments to be made for LL. The last payment was made 2011 or something IIRC.
It was absolutely not given for free. Why do you think there were several cases of "gold ships" during the war?
the aid to USSR was free with no repayment. There were multiple ways to help UK, including lend lease and a separate deal with low-interest loans. The lendlease to UK was free with no repayment. The "loan" angle was that hardware like tanks were to be returned to US after the war, but that requirement was dropped (US had a huge surplus of used military goods of its own). The gold ships were to keep UK gold away from German hands if Germany invaded. the gold was not a payment and went into CANADA bank vaults in UK's name, and was shipped back after the war. UK did use some of the gold to buy extra war supplies. Rjensen (talk) 13:39, 17 October 2024 (UTC)[reply]
The gold was used to pay for weapons before Lend-Lease during the period known as Cash and Carry (see also British Purchasing Commission). The entire point of lend-lease was that the British had run out of gold to buy weapons with.
The Soviet Union made its one and only payment of $722 million in 1971
As I already said, the information in the article is sourced. If you have sources contradicting the information in the article then please link to them. Shimbo (talk) 17:16, 17 October 2024 (UTC)[reply]
This is not true. Shortly after WW2, the United States presented the USSR with a Lend-Lease bill for \$2.7 billion. After a series of negotiations, a final agreement was reached in 1972, with a total of \$722 million to be paid over a period of 30 years. The USSR made three payments totaling \$48 million. However, following the imposition of sanctions under the Jackson-Vanik amendment, the USSR refused to make any further payments. After the collapse of the USSR and Putin's rise to power, the remaining debt was included in Russia's obligations to the Paris Club of Creditors (Russia's obligations to governments). The final payment of \$20 billion closed the Lend-Lease issue in 2016. ~2025-40031-27 (talk) 22:34, 11 December 2025 (UTC)[reply]
The Significance section used to claim that 92.7% of Russia's wartime production of locomotivery was Lend-Lease equipment. This is not how the word "production" is typically used in this context; typically the percentage would be from comparison with, rather than inclusion in, the total. Thus, the succeeding uses of the phrase are ambiguous; does the 8% figure given for tanks refer to 8% of the USSR's independent production (Soviet production equalling 100%), or of total procurement, including lend leased tanks (Soviet production equalling ~92%)? Kaotao (talk) 12:36, 25 February 2025 (UTC)[reply]
I read Khruschev's quote, and I'm not too sure that he means this aid specifically. It looks like he means (that Stalin meant) the US and the UK having declared and waged war against Nazi Germany was crucial, not only the aid on its own. Egezort (talk) 16:02, 3 March 2025 (UTC)[reply]
There is a strange issue with the sourcing of the Zhukov quote. “Russia’s life-saver” A.Weeks is using “The Other Side of Coexistence” as source but the information can’t be found in “The Other Side of Coexistence”.
It's strange that Weeks refers to his own previous book instead of provide his source directly. I can't find the quote on page 94 of the 1970 edition of his book, but I think he's referring to the 1974 edition which I don't have access to - can anyone here verify if it is/isn't present there either? (Hohum@) 16:38, 1 December 2025 (UTC)[reply]
In “Russia’s life-saver” A.Weeks is directly referring to the 1970 edition of the book.
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