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What was the Cash and carry act between America and Great Britain?
Wiki User
∙ 13y ago
I think you refer to Lend/Lease. The British, in exchange for the lending of 50 obsolete US warships leased the US bases in the Carribean.
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Actually the Cash and Carry act and the Lend lease Act were two different things and the above answer actually describes the destroyers for bases deal (sorry dude).
* to answer the orriginal question the cash and carry act stated that forreign belligerent nations could, in fact, buy weapons from the U.S. provided that they paid cash and then transported them using their own ships
*the lend lease act stated allowed weapons to be bought on credit
Wiki User
∙ 13y ago
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Policy in which Great Britain traded money for needed supplies from the US?
cash and carry
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