Lend-Lease Scheme
The establishment of Lend-Lease was a political act of great generosity and imagination, skilfully combining altruism with national self-interest. Roosevelt had to persuade an American public and Congress to abandon their traditional isolationist attitude to European political troubles and accept the national need to support the Allies against the Axis. Some historians have argued that the scheme acted as an instrument of American power, imposing conditions which disabled Britain as a postwar commercial competitor, and preparing the ground for United States hegemony. (…)