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A Dictionary of American History
Contents:
Lend Lease Act
Lend Lease Act (11 March 1941) To circumvent the Johnson Debt Default Act’s restrictions on federal financial loans to ex-Allies from World War I, this law allowed the president to lend, lease, or otherwise transfer military equipment and other war-related goods to nations whose security was declared essential to US interests by the president. Congress voted for an initial exchange of $7 billion in war materiel. Lend lease began with the transfer of badly-needed escort ships to the British; when it was terminated on 21 August 1945, US aid to Britain and the USSR totaled $50.6 billion.
Contents:
Chicago: Thomas L. Purvis, "Lend Lease Act," A Dictionary of American History in A Dictionary of American History (Cambridge, Mass.: Blackwell Reference, 1995), Original Sources, accessed November 21, 2024, http://originalsources.com/Document.aspx?DocID=HH5EYYDEGBPRJJV.
MLA: Purvis, Thomas L. "Lend Lease Act." A Dictionary of American History, in A Dictionary of American History, Cambridge, Mass., Blackwell Reference, 1995, Original Sources. 21 Nov. 2024. http://originalsources.com/Document.aspx?DocID=HH5EYYDEGBPRJJV.
Harvard: Purvis, TL, 'Lend Lease Act' in A Dictionary of American History. cited in 1995, A Dictionary of American History, Blackwell Reference, Cambridge, Mass.. Original Sources, retrieved 21 November 2024, from http://originalsources.com/Document.aspx?DocID=HH5EYYDEGBPRJJV.
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