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Old 20th Dec 2013, 10:47
  #14 (permalink)  
tornadoken
 
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We Wuz Robbed

diddy, #11. Start with US/UK Patent Indemnity Agreement, 24/8/42: pooling of all wit and flair for the duration. Example: radar: “(few) post-war patent claims and a general disentanglement of mutual claims was not necessary.” R.Buderi, Invention That Changed the World, T’stone, 97, P115. That was the basis for exchange of aero data, inc.M.52.

So what did we get in exchange? Start with the Lend/Lease deal: UK received $27Bn, gross of $6Bn. "Reverse L/L" (RF.Sayers,Official Hist,Financial Policy, HMSO, 1956, P.498/52). That was extinguished by net-$650Mn. in US 15/7/46 UK Reconstruction Loan (the one we paid off 5/06 at an effective interest rate of 1.6%p.a). We then had the European Recovery Program ("Marshall Aid"), Mutual Defense Assistance Program, Mutual Security Program, Mutual Weapons Development Program; a raft of individual licence deals on terms we chose to sign. CNH's fief is GW, inc. Blue Streak: the list of techno-benefits accruing to UK from Burns/Templer and numerous other GW Data Agreements is long. We did OK, thanks.


Jumbo, #12: engineering problems overcome by the Miles team. Addressed, please. No fly, no show. Do keep in mind, when entertaining splendid conspiracies, that Brown's book itself notes that in Feb/1946 UK was broke. We had no enemy. MoS chose to apply their very meagre Aircraft Research budget into fields they thought had civil/$-earning potential.
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