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Lend-Lease Act, 1941

President Franklin D. Rooselvelt (Roosevelt, Franklin D.) won the election of 1940 and thus gained a certain support for his policy of support for Britain against Hitler's Germany. However, Britain was losing ships faster than she could build them and funds were running out to buy ships elsewhere. Roosevelt likened his plan to lending a neighbor a garden hose to put out a fire; guns and ships would be supplied and would be replaced and restored to the United States in due course. The passing of the Lend-Lease Act early in 1941 allowed the President to give Britain or anyone else whatever military aid he liked provided it was "in the interest of national defense."

See also: Roosevelt, Franklin D.