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  2. The Neutrality Act of 1937 did contain one important concession to Roosevelt: belligerent nations were allowed, at the discretion of the President, to acquire any items except arms from the United States, so long as they immediately paid for such items and carried them on non-American ships—the so-called “cash-and-carry” provision.
    history.state.gov/milestones/1921-1936/neutrality-acts
    In 1937, Congress mandated that nations at war could only purchase goods from the US that were not war-related and had to transport them in their own ships, a policy known as “cash and carry.”
    teachingamericanhistory.org/document/neutrality-a…
     
  3. People also ask
    What did the 'cash and carry' legislation do?The "cash and carry" legislation enacted in 1939 effectively ended the arms embargo that had been in place since the Neutrality Act of 1936, and paved the way for Roosevelt's Lend-Lease program. ^ Brinkley, Alan (2012).
    Why did President Roosevelt enact a cash-and-carry policy?When World War II broke out in Europe in September 1939, Roosevelt called Congress into special session to revise the neutrality acts to permit belligerents—i.e., Britain and France—to buy American arms on a “cash-and-carry” basis; over the objections of isolationists, the cash-and-carry policy was enacted.
    What was Cash & Carry?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.
    How did 'cash-and-carry' work?President Roosevelt persisted and as war spread in Europe, his chances of expanding “cash-and-carry” increased. After a fierce debate in Congress, in November of 1939, a final Neutrality Act passed. This Act lifted the arms embargo and put all trade with belligerent nations under the terms of “cash-and-carry.”
     
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    Cash and carry (World War II) - Wikipedia

    It replaced the Neutrality Act of 1937, by which belligerents could purchase only nonmilitary goods from the United States as long as the recipients paid immediately in cash and assumed all risk in transportation using their own ships. [1] 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, many Americans believed that investment in a … 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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