WW2: The Resource War - Lend-Lease - Extra History - Part 2

📜 WW2's Resource War - Part 2 - Extra History
Germany's blitzkrieg had been largely successful. France fell early, and Great Britain appeared on the verge of collapse. Europe needed more resources to sustain their resistance, but the United States was bound by the Neutrality Act which established a policy of isolationism and forbade the US from supporting foreign wars in any way. President Franklin Delano Roosevelt skirted those restrictions. He lobbied Congress to reinstate a provision in the law called Cash and Carry, which would allow other nations to buy US war materiel with cash and transport it themselves into the warzone. He also established an agreement which allowed him to place American military bases on British colonies in exchange for destroyer ships, thus safeguarding the far reaches of the United Kingdom from possible Axis invasions. When it turned out that the English won the Battle of Britain and successfully staved off the attempted Nazi conquest, America decided to support them in a more substantial, long term way. Thus the Lend-Lease Act was signed: the US would loan equipment to their strategic partners (who were not the Allies yet). Though supposedly the equipment had to be returned, it was pretty obvious that war materiel would not come back in the same shape if at all, so this was really the largest donation of war supplies ever. But it wound up benefiting the US in turn, since the increased production galvanized an economy that had been stagnant since the Great Depression. It also kickstarted the involvement of the US Merchant Marine, who were among the earliest US citizens to give their lives in World War II and suffered the highest casualty percentage of any branch of the service. These unarmed ships navigated U-boat infested waters to bring much needed supplies to Europe, North Africa, and Asia. Despite this, their service has gone largely unrecognized and unrewarded as they are still denied many veterans' benefits and were not even formally thanked by Congress until 2012.

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*Miss an episode in our Resource War Series?*
Part 1 - https://youtu.be/NYv-GC8DgMk
Part 2 - https://youtu.be/N5PTeDe4jTQ
Part 3 - https://youtu.be/OvDsvHNvVZw
Part 4 - https://youtu.be/zOXbYAd6TLo
Why doesn't this series use the Nazi swastika symbol? James explains: http://bit.ly/1Pzy1k5

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Видео WW2: The Resource War - Lend-Lease - Extra History - Part 2 канала Extra History