Image Details
As war spread in Europe in the fall of 1939, President Franklin D. Roosevelt asked Congress to pass legislation to allow sales of materiel to belligerents, provided the recipients paid cash and transported what they bought in their own ships. “Cash and carry” favored the Allies, as German ships could not easily maneuver around the larger British Navy. Congress passed the legislation in November.
Records of the U.S. House of Representatives, National Archives and Records Administration