USA HISTORY

AMERICAN IMPERIALISM(1890 1919)

THE UNITED STATES IN WORLD WAR I

[SOURCES]
This U.S. law provided increased support for the Allies by including the “cash and carry” provision.

(A) Neutrality Act of 1935

(B) Neutrality Act of 1936

(C) Neutrality Act of 1937

(D) ** Neutrality Act of 1939

EXPLANATIONS BELOW

Concept note-1: -A “cash-and-carry” provision in the Neutrality Act that Congress had added in 1937 permitted the sale of arms to European warring parties as long as they crossed the Atlantic on their own ships and paid for them at once in cash.

Concept note-2: -Roosevelt prevailed over the isolationists, and on November 4, he signed the Neutrality Act of 1939 into law, allowing for arms trade with belligerent nations (Great Britain and France) on a cash-and-carry basis, thus in effect ending the arms embargo.

Concept note-3: -On August 31, 1935, Congress passed the first Neutrality Act prohibiting the export of “arms, ammunition, and implements of war” from the United States to foreign nations at war and requiring arms manufacturers in the United States to apply for an export license.

Concept note-4: -The Neutrality acts of 1935 and 1936 prohibited sale of war matériel to belligerents and forbade any exports to belligerents not paid for with cash and carried in their own ships.