dec 27, 1938 - “Cash and Carry” U.S. policy
Description:
U.S. President Roosevelt adopted cash and carry policy in order to provide support to allied countries during World War II against Nazi Germany. Under the terms of this policy, the allies had to pay for American supplies immediately and transport them out of American territory on their ships and under their flag.Added to timeline:
Date:
dec 27, 1938
Now
~ 86 years ago