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Cash and carry (World War II) - Wikipedia
Cash and Carry was a policy by US President Franklin Delano Roosevelt announced at a joint session of the United States Congress on September 21, 1939, subsequent to the outbreak of war in Europe. It replaced the Neutrality Act of 1937, by which belligerents could purchase only nonmilitary goods from the … See more
Background
Because of the conclusion of the Nye Committee, which asserted that United States involvement in World War I was driven by private interests from arms manufacturers, … See more• Bailey, Gavin J. (2013). The Arsenal of Democracy: Aircraft Supply and the Evolution of the Anglo-American Alliance, 1938-1942.… See more
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WEBJun 28, 2018 · Learn about the cash-and-carry policy that the U.S. Congress passed in 1939 to permit trade with warring countries under the condition that they paid cash and did not use American ships. …
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