Friday, March 11, 2005

This Date in History March 11

So today we at the History Report will once again be celebrating the greatness that was Franklin Delano Roosevelt the 32nd President of the United States of America. It's late I have had some beer and wine enter my system but I feel we must recognize the greatness of our greatness President(sorry Abe) on this 64th anniversary of the passing into Law of HR 1776 or the Lend Lease Act. To give a little historical perspective. Great Britain(England for those who might not be aware) was fighting the Nazis essentially on her own. France(1-99 since Napoleon) had been defeated as well as the other democracies of Western Europe. England stood alone and desperately needed supplies from the United States. But Capitalism requires that one pays for what they want and England had no money. FDR proposed a radical and perhaps a little tricky plan. He proposed that the United States would Lend England the supplies it needed. At the end of the War England would return those items. Now of course many of those items would be destroyed or lost or used up. To the point where it would be pointless to return them. The United States was in essence going to be simply giving England stuff for relatively little cost.
Lend Lease is a great example of FDR the great politician... May he be remembered fondly

No comments: