On April 6, 1896, the first modern Olympic Games are held in Athens, Greece, with athletes from 14 countries participating. The International Olympic Committee met for the first time in Paris in June 1984 and chose Greece as the site of the inaugural modern Olympiad.
It was a practice that directly affected the U.S. and was even one of the causes of the War of 1812. The British navy consistently suffered manpower shortages due to the low pay and a lack of qualified seamen. During wartime the navy forced unwilling individuals into service.
The Cash and Carry Policy was all of the items purchased had to be paid with cash and then shipped from the United States on the buyers on personal ships. President Roosevelt got around the cash and carry requirement when Britain couldn't meet the terms anymore by creating the "Land-Lease Act." This allowed the United States to lend or lease arms to any country that was considered a vital asset to the defense of the United States.