Long-Lance Torpedo

On 11th March 1941, Congress passed the Lend-Lease Act. The legislation gave President Franklin D. Roosevelt the powers to sell, transfer, exchange, lend equipment to any country to help it defend itself against the Axis powers.

A sum of $50 billion was appropriated by Congress for Lend-Lease. The money went to 38 different countries with Britain receiving over $31 billion. Over the next few years the British government repaid $650 million of this sum.