Neutrality Act of 1936

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Neutrality Act of 1936
The Italian invasion of Ethiopia provided further impetus for Congress to pass additional neutrality legislation. The second Neutrality Act, signed into law on February 29, 1936, forced the President to declare that a state of war existed. In addition, the law outlawed the provision of loans for the belligerents, thus effectively accepting some of the findings of the Nye Commission, which stated that bankers had pushed the United States into World War I