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The conviction that the United Nations will eventually emnerge successfully from the present world conflict is gradually giving rise to an awareness of the importance of preparing now for the solution of post-war problems. One of the more difficult phases of the return to normalcy will be the settling of accounts both at home and abroad. Lack of an adequate pre-formulated policy for the balancing of international debits and credits has in the past resulted in our being widely criticized. Thus we entered the peace negotiations that followed the last war with woefully inadequate planning or means of co-ordination. Lacking the experience of some of our allies, we came away from Versailles with little more than I. 0. U.'s and, in instances, a feeling of ill will on the part of those beside whom we had fought. Post-war claims commissions endeavored to eliminate the chaos in the deluge of controversies over the wartime use of private property rights. We finally washed official hands of the matter, leaving claimants to such relief as lay in their long and uphill remedy against the Government via the Court of Claims. We are as a nation presently determined not to lose the peace that lies ahead. As one important aspect of that peace, we must endeavor to achieve an equitable and intelligent balancing of the international books. This is no plea for the attitude of the persistent creditor; it is instead a statement of the importance of now recognizing, insofar as is possible, the problems which will arise, and of eliminating in advance by the sure cure of prevention as many as possible of those problems. The transfer of goods abroad in World War II has been under the authority of the Lend-Lease Act; a full and complete account of the tremendous exchange of food, goods, personnel, information, and

The Lend-Lease Program and Post-War Patent Claims