54 STAT.] 76TH CONG., 3D SESS.-CHS. 185 , 186 -MAY 7 , 11, 1940 [CHAPTER 185] 179 JOINT RESOLUTION May 7, 1940 To amend section 5 (b) of the Act of October 6, 1917, as amended, and for [S. J. Res. 2521 other purposes. [Pub. Res., No. 69] Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That the first sentence of subdivision (b) of section 5 of the Act of October 6, 1917 (40 Stat. 411), as amended, is hereby amended to read as follows: "During time of war or during any other period of national emer- gency declared by the President, the President may, through any agency that he may designate, or otherwise, investigate, regulate, or prohibit, under such rules and regulations as he may prescribe, by means of licenses or otherwise, any transactions in foreign exchange, transfers of credit between or payments by or to banking institutions as defined by the President, and export, hoarding, melting, or ear- marking of gold or silver coin or bullion or currency, and any transfer, withdrawal or exportation of, or dealing in, any evidences of indebted- ness or evidences of ownership of property in which any foreign state or a national or political subdivision thereof, as defined by the Presi- dent, has any interest, by any person within the United States or any place subject to the jurisdiction thereof; and the President may require any person to furnish under oath, complete information relative to any transaction referred to in this subdivision or to any property in which any such foreign state, national or political subdivision has any inter- est, including the production of any books of account, contracts, letters, or other papers, in connection therewith in the custody or control of such person, either before or after such transaction is completed." . SEC. 2. Executive Order Numbered 8389 of April 10, 1940, and the regulations and general rulings issued thereunder by the Secretary of the Treasury are hereby approved and confirmed. SEC. 3. Nothing in this Joint Resolution shall be deemed to repeal or to modify in any manner any of the provisions of the Act of April 13, 1934, 48 Stat. 574 (the Johnson Act) or of the Neutrality Act of 1939 (Public Resolution Numbered 54, Seventy-sixth Congress). Approved, May 7, 1940. [CHAPTER 186] AN ACT Authorizing the Secretary of the Navy to accept on behalf of the United States a bequest of certain personal property of the late Dudley F. Wolfe. Be it enacted by the Senate and Hose of Representatives of the United States of America in Congress assembled, That the Secre- tary of the Navy be, and he is hereby, authorized to accept on behalf of the United States the personal property bequeathed to the United States Naval Academy by the terms of the will of the late Dudley F. Wolfe. SEC. 2. There is hereby authorized to be appropriated, out of any money in the Treasury not otherwise appropriated, such sums as may be necessary to effectuate the purposes of this Act. Approved, May 11, 1940. Trading with the enemy Act, amend- ment. 40 Stat. 415 . 12U.S. c. 95a. Regulation, etc. , of foreign exchange, coin exports, property transfers, etc. Testimony, books, etc. Executive order, etc., confirmed. Prior laws unal- fected. 31U.S .C . § 804a. Ante,p. 4. 22 U. S. C., Supp. V, §§ 245j-245j-19. Ma 11, 1940 I. 3098] LPublic, No. 506] Property be- queathed by Dudley F. Wolfe. Acceptance. Appropriation au- thorized.
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