The Waterbury Democrat., 1944-11-30
Lend d-Leose
 To UK To Be Cut Post-Wor
By ROBERT J. MANNING

United Press Staff Correspondent
 Washington, Nov. 30.-CUP)-The United States revealed today that lend-lease aid to the United King dom will be cut by almost 5C per cent with the end of the European war, and predicted that both coun- tries then can embark on a lim- tied program of equitable" recon version to peacetime economies.
 At the same time, the government revealed that Anglo-American of- ficials have agreed to prevent ex- porters of either country from cap italizing on war conditions to take undue competitive advantage" over the other.
 A special committee of thre ehigh government officials, in their first report on recent lend-lease negotia- tions with the British, said that the $5 ,000, 000, ,000-a-year flow of lend lease exports to the British Isles will begin to slacken "even before the defeat of Germany" After w. E Day, they said, Britain will re- quire American aid at the annual rate of roughly $2,500,000,000 for her role in the war against Japan.
 The report, issued by Acting Sec retary of State Edward R. Stettinius, Jr., Secretary of the Treasury Henry Morgenthau, Jr., and Foreign Eco- homie Administrator Leo T. Crow ley, presaged future international and national" action by all United Nations governments concerning postwar trade relations.
 The special statement, similar to one released today in London, also disclosed that:
 l. Britain has no intentions of altering lend-lease regulations which prohibit her from re-eXporting war supplies shipped to the islands by this country.
 2. British export trade can be re- stunned "so far as war conditions permit" in articles which are crossed of lend-lease export lists and are purchased from the United States for cash.
 3. Reconversion begun here and in Britain after Germany falls will be on an equitable basis to meet essential civilian needs. ''The United Kingdom and the United States will both endeavor to insure, to the eX- tent practicable, that neither U. s. nor Unied Kingdom exporters re- ceive undue commercial competitive advantage over the other as result of the war situation"
 4 Some" raw and Semi-fabri- cated materials, such as iron and steel, will no longer be provided to Britain under lend-lease after Jan uary 1. Materials withdrawn from lend-lease shipments will be made available to the British through commercial channels "only after overriding conditions of war sup ply and war shipping are met
 The report covered the protracted negotiations between the U. s. off, cials and a British mission headed by Lord Keynes, economic advisor to the British treasury. Keynes has left for London.
 Since lend-lease and reverse lend lease are concerned solely with war supply" the statement sajt, "prcL- lemS of postwar foreign trade throughout the world did not enter into the review of these programs
 However, 1t said, econcm-c and financial cooperation of many dif- ferent fgorms' viii be required by the United Nations to meet post war trade problems.
 London, Nov. 30.--[Up)-Frime Minister Winston Churchill told the House of Commons today that a new lend-lease ar. AngelLert has been planned with the United Sta tes which will enable Great Britain to assume full share in the war against Japan after Germany las been defeated.
 The new reciprocal aid program, he said, will enable Britain to main- tain in the Far East the same rela- tive fighting power, in proportion to the United States, as she has in the European theater.
 (In Washington, it was disclosed that the new plan envisages the transfer of about $2,500,000,000 in lend-leaSe goods and services to Britain annually for the wal against Japan)
 Churchill said British and Ameri- can representatives in Washington had examined in detail all the mili- tary and economic questions in volved in the lend-lease program and that he expected Britain's re- quirements under the plan would be hAlved when the European war ends.
 Churchill told Commons he hoped it woud be possible to increase supp plies of civilian goods for the Brt- tinh uaonlA nrnvida auaannanny hnlls-