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- 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
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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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WebApr 20, 2022 · Cash and carry meant that foreign governments could buy American-made munitions and airplanes, but they had to pay cash and they had to transport the equipment on their own ships....
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WebIn 1939, after Germany invaded Poland, Roosevelt bypassed these restrictions by persuading Congress to permit the government to sell military supplies to France and Britain on a cash-and-carry basis—in other …
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