Magazine content is available exclusively for TIME subscribers.ECONOMIC FRONT: Arsenal, Pantry & Shop
In preparing his second Lend-Lease report last week covering the second three months since enactment of the law, President Roosevelt could draw a vastly more gratifying picture than he painted three months ago.
Among Lend-Lease facts which the President could report:
>Of $7,000,000,000 appropriated, more than $6,250,000,000 has been allocated; more than $3,500,000,000 has been contracted for.
> Nearly $1,000,000,000 of planes have been contracted for and work started.
>"Aid rendered" has already totaled than $300,000,000 and articles have been actually transferred under lease to a total of $246,000,000.
> More than 320 merchant ships and...
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