Executive Order No. 2729–A, October 12, 1917, Vesting Power and Authority in Designated Officers and Making Rules and Regulations under Trading with the Enemy Act and Title VII of the Act Approved June 15, 1917
By virtue of the authority vested in me by “An Act to Define, Regulate and Punish Trading with the Enemy and for Other Purposes,” approved October 6, 1917,2 and by Title VII of the Act approved June 15, 1917, entitled “An Act to Punish Acts of Interference with the Foreign Relations, the Neutrality and the Foreign Commerce of the United States, to Punish Espionage and Better to Enforce the Criminal Laws of the” United States and for Other Purposes,” (hereinafter designated as the Espionage Act), I hereby make the following orders and rules and regulations:
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Alien Property Custodian
XXIX. I hereby vest in an Alien Property Custodian, to be hereafter appointed, the executive administration of all the provisions of Section 7(a), Section 7(c), and Section 7(d) of the Trading with the Enemy Act, including all power and authority to require lists and reports, and to extend the time for filing the same, conferred upon the President by the provisions of said Section 7(a), and including the power and authority conferred upon the President by the provisions of said Section 7(c), to require the conveyance, transfer, assignment, delivery or payment to himself, at such time and in such manner as he shall prescribe, of any money or other properties owing to or belonging to or held for, by or on account of, or on behalf of, or for the benefit of any enemy or ally of an enemy, not holding a license granted under the provisions of the Trading with the Enemy Act, which, after investigation, said Alien Property Custodian shall determine is so owing, or so belongs, or is so held.
XXX. Any person who desires to make conveyance, transfer, payment, assignment or delivery, under the provisions of Section 7(d) of the Trading with the Enemy Act, to the Alien Property Custodian of any money or other property owing to or held for, by or on account of, or on behalf of, or for the benefit of an enemy or ally of enemy, not holding a license granted as provided in the Trading with the Enemy Act, or to whom any obligation or form of [Page 264] liability to such enemy or ally of enemy is presented for payment, shall file application with the Alien Property Custodian for consent and permit to so convey, transfer, assign, deliver or pay such money or other property to him and said Alien Property Custodian is hereby authorized to exercise the power and authority conferred upon the President by the provisions of said Section 7(d) to consent and to issue permit upon such terms and conditions as are not inconsistent with law, or to withhold or refuse the same.
XXXI. I further vest in the Alien Property Custodian the executive administration of all the provisions of Section 8(a), Section 8(b), and Section 9 of the Trading with the Enemy Act, so far as said Sections relate to the powers and duties of said Alien Property Custodian.
XXXII. I vest in the Attorney General all power and authority conferred upon the President by the provisions of Section 9 of the Trading with the Enemy Act.
XXXIII. The Alien Property Custodian to be hereafter appointed is hereby authorized to take all such measures as may be necessary or expedient, and not inconsistent with law, to administer the powers hereby conferred; and he shall further have the power and authority to make such rules and regulations not inconsistent with law as may be necessary and proper to carry out the provisions of said Section 7(a), Section 7(c), Section 7(d), Section 8(a), and Section 8(b), conferred upon the President by the provisions thereof and by the provisions of Section 5(a), said rules and regulations to be duly approved by the Attorney General.
XXXIV. The Alien Property Custodian to be hereafter appointed shall, “under the supervision and direction of the President, and under such rules and regulations as the President shall prescribe,” have administration of all moneys (including checks and drafts payable on demand) and of all property, other than money which shall come into his possession in pursuance of the provisions of the Trading with the Enemy Act, in accordance with the provisions of Section 6, Section 10, and Section 12 thereof.
12 October, 1917.
- Printed in full in Foreign Relations, 1917, Supplement 2, vol. II, p. 963.↩
- For the act of Oct. 6, 1917, and further legislative and Executive enactments on this subject, see Trading with the Enemy Act and Amendments Thereto together with Cert am Executive Orders and proclamations Issued There under (Washington, Government Printing Office, 1925).↩