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The Lend-Lease Act of March 11, 1941, was the principal means for providing U.S. military aid to foreign nations during World War II.he Lend-Lease Act of March 11, 1941, was the principal means for providing U.S. military aid to foreign nations during World War II.
World War II. Lend-Lease introduced into Congress. On this day, President Franklin D. Rooseveltâs Lend-Lease program is brought before the U.S. Congress for consideration. Roosevelt devised the Lend-Lease program as a means of aiding Great Britain in its war effort against the Germans.