Federal Register - April 10, 1947
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Source: Federal Register
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REGISTER
FEDERAL
VOLUME l
NUMBER 71
Washington, Thursday, April 10,1947
TITLE 3 THE PRESIDENT
PROCLAMATION 2725
A m end ing t h e P r o c l a m a t io n s o f M ar ch 6 and M arch 9,1933, and t h e E x e c u t iv e O rder o f M arch 10, 1933, t o E x c lu d e from T h e ir S cope M em ber B a n k s o f the F ederal R eserve S y s t e m BY THE PRESIDENT OF THE UNITED STATES
OF AMERICA
A PROCLAMATION
WHEREAS on March 10, 1933, the President of tjie United States, in pursu ance of the program to permit resump tion of banking operations following the Bank Holiday Proclamations No. 2039 of March 6 and No. 2040 of March 9, 1933, respectively, issued Executive Order No, 6073 which, ambng other things, author ized the Secretary of the Treasury to per mit any member bank of the Federal Reserve System and any other banking institution organized under the laws of the United States to perform any or all of their usual banking functions except as otherwise prohibited; and WHEREAS on December 30, 1933, the President of the United States issued Proclamation No. 2070 which excluded from the scope of the said proclamations of March 6 and March 9, 1933, and the Executive order of March 10, 1933, all banking institutions which were not members of the Federal Reserve System;
and WHEREAS by December 30, 1933, the Secretary of the Treasury had acted upon all requests for licensing of member banks of the Federal Reserve System;
and WHEREAS on December 31, 1945, the Secretary of the Treasury issued a Gen eral License to transact normal bank ing business to all banks thereafter au thorized to begin business by the Comp troller of the Currency and to all State banks thereafter admitted to member ship in the Federal Reserve System, and thereby dispensed with the requirement of an individual license for each new member bank of the Federal Reserve Sys tem; and WHEREAS it is no longer necessary, or in the interest of government internal management, for the Secretary of the
Treasury to license the transaction of normal banking business:
NOW, THEREFORE, I, H ARRY S.
TRUMAN, President of the United States of America, acting under and by virtue of the authority vested in me by section 5 b of the Trading with the Enemy Act of October 6, 1917, 40 Stat. 415, as amended, and section 4 of the act of March 9, 1933, 48 Stat. 2, and by virtue of all other authority vested in me, do hereby, in the interest of the internal management of the Government, pro claim, order, direct, and declare that the said proclamations of March 6 and March 9, 1933, and Executive order of March 10, 1933, as amended, are further amended to exclude from their scope banking institutions which are members of the Federal Reserve System: Provided, however, that no banking institution shall pay out any gold coin, gold bullion, or gold certificates, except as authorized by the Secretary of the Treasury, or allow the withdrawal of any currency for hoarding.
This proclamation shall become effec tive as of March 15, 1947.
IN WITNESS WHEREOF, I have here unto set my hand and caused the seal of the United States of America to be affixed.
DONE at the City of Washington this 7th day of April in the year of our Lord nineteen hundred and forty seal seven, and of the Independence of the United States of America the one hundred and seventy-first.
H a r r y S. T r u m a n
B y the President:
D ean A cheson,
Acting Secretary of State.
F. R. Doc. 47-3440; Filed, Apr. 8 , 1947;
3:45 p. m.
PROCLAMATION 2726
C h il d H e a l t h D a y , 1947
BY THE PRESIDENT OF THE UNITED STATES
OF AMERICA
A PROCLAMATION
W HEREAS the Congress, by a joint resolution of May 18,1928 45 Stat. 617, Continued on p. 2345
CONTENTS
THE PRESIDENT
Proclamations
Pa&e
Child Health Day, 1947___________
Federal Reserve System; exclusion of member banks_______________ -
2343
2343
EXECUTIVE AGENCIES
Agriculture Department See also Sugar Rationing Admin istration.
Proposed rule making:
Spinach, frozen; U. S. standards for grades____________________
Walnuts in California, Oregon, and Washington; handling___
2367
2369
Alien Property, Office of Notices :
Vesting orders, etc.;
Domokos, Gustav____________
2373
Exportkreditbank, A. G. 2
documents__________
2374,2376
Hentzler, Carrie_____________
2373
Hilbig, Gustav---------------------- 2373
Ishii, Fusajiro Corr._______
2371
Iwai, Itoko___________________ 2371
Jurgeleit, Albert, et al_______
2371
Kling, Katherine Schweier___ 2376
Maier, Salli___________________ 2379
Manabe, Mitsuta------------------- 2371
Merklein, Barbara, and Maria Hafner__s.__________________ 2372
Mitsubishi Shoji Kaisha Ltd. 2379
Nakamura, Tokusaburo______
2377
Norddeutsche SchleifmittelIndustrie Christiansen &
Co _____________ __________ 2374
Pregizer, Anna, et al-----------2372
, Saiki, S r ____________
.2377
Seibicke, Wilhelmina________
2377
Sekine, Toki____________ _____
2378
Teufel, Felix, et al____________ 2378
Tsumura, Eiji________________
2379
Von Mengersen, Baroness Bertha_____________________
2379
Von Schmidt, Frederich______
2378
Wulff, Arnold 2372
Civil Aeronautics Board Notices:
Detroit - Washington Service Case, Northwest Airlines, Inc.;
hearing______________________
2343
2380