What is the neutrality act of 1937?
Neutrality Act of 1937 still had the mandatory arms embargo which meant that the United States could not sell arms to nations at war or carry arms in U.S ship for other nations at war. The president still had the power to withhold protection of citizens and the U.S was not allowed to give loans to nations at war. All of these restrictions were all brought from previous years of the neutrality acts. The new regulations stated that it was illegal for Americans to travel on ships of nations at war. Also, Nations at war were in need of consumer goods and the depression is still hurting the US and we need to sell. This made it okay for the U.S to sell non-armed goods if they paid cash up front and used their own ships to carry their purchased goods.
