The book I refered to earlier, The Battle Of The Atlantic, says something similar; that the rationing was so bad in 1940 that Churchill was begging Roosevelt for any help at all that the Americans could give. Also they show that at one point in 1943 there were as many as 90 u-boats on station.
As to which is right, I have no idea.
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“Never do anything you can't take back.”
—Rocky Russo
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