Reciprocal Lend Lease.
(1) I was summoned to the State Department and handed a document which will be telegraphed to you in my immediately following telegram.  In form it is a draft exchange of notes between the Australian Minister, Washington, and the Secretary of State indicating Australian willingness to provide reciprocal aid in the widest terms; and agreeing to the inclusion of other United Nations who participate.
(2) It assumes that Australia has already signed a duplicate of the United States-United Kingdom Mutual Aid Agreement of February 23rd , and appears to be a standard form for all United Nations. A copy different only in name was handed to the United Kingdom representatives at about the same time. A similar copy is to be given to Mr. Nash. 
(3) We are given to understand that the document has been approved by the President  and Cordell Hull.  It must inevitably supersede discussions with Acheson , and will require consultation with United Kingdom which may not agree to the major policy involved. I saw Phillips  and will send comments on the foregoing when responding to your 671  just received.