Trading With the Enemy Act (Classic Reprint): With the Report on the Act Submitted to the Senate by the Committee on Commerce: With the Report on the ... the Committee on Commerce (Classic Reprint) - Softcover

Inhaltsangabe

Excerpt from Trading With the Enemy Act

A large part of the support which America is thus far giving to its allies in this war is financial. All of the belligerents are directly concerned with maintaining their credit and the parity of exchange, not only in Europe, but in South America and the Orient. It should not be nec essary to say that anything which promotes the business and financial interests of enemy countries or citizens or subjects of enemy countries, or which expedites payments or business ventures of citizens or subjects of enemy coun tries, including the maintenance of their credit, and which gives them the use of banking facilities in neutral coun tries, is a military advantage, and that anything which hinders the freedom of their exchange, deprives them of the use of banking facilities, and lowers their credit is a military disadvantage.

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