October 30, 1941, President Roosevelt funded the Allied efforts to win World War II.
From The Good News Network.
https://www.goodnewsnetwork.org/events061030/
(80 years ago today, U.S. President Franklin D. Roosevelt gave an additional one billion dollars in Lend-Lease Act funding to Great Britain to help fund the Allied efforts to win World War II.
Though FDR had been re-elected on a platform promising to keep America out of the war, Roosevelt wanted to help Churchill and the UK defeat Nazi Germany, which had already swallowed up France and Poland. The legislation sub-titled ‘An Act to Promote the Defense of the U.S.’, allowed American intervention without troops actually entering the war until years later.
The 4 years of aid also went to the Soviet Union, Free France, China, and others, and included food, oil, weaponry, warships, and warplanes. It was mostly free, although in return the U.S. was given leases on military bases across Allied territory. The total of $50 billion donated (half trillion in 2019 dollars) was 17% of the total expenditures of the U.S. during the war which ended 4 years later.
Russia’s Joseph Stalin acknowledged the importance of the $50 Billion intervention saying, “Without American production, the Allies could never have won the war.”)
There's a photo but no more text at the link. History teaches us many lessons about
what works and what doesn't. FDR's Lend-Lease program worked!
= new reply since forum marked as read
