The circle banner. [volume] (Circle, Mont.) 1914-1939, 1917-10-26
WAR TRADE BOARD
GIVEN AUTHORITY
BROAD POWERS TRADING WITH
ENEMY ACT DISTRIBUTED
BY PRESIDENT
CENSORSHIP TO BE STRICT
United States Government Will Take
Over Custody and Control of En-
envy Property Within Bor-
ders of This Country


ferred upon the president by the tra'
ing with the enemy act have been pl
Into operation under an executive orde
delegating authorities under the la
to various governmentN department
and to a newly created war trad
board.
This trade board is composed @
members of the exports administrativ
board, which it will replace, with tn
addition of a representative of tn
treasury department. 1t will continu
to license exports and will exercise
similar control over exports as 500
as the president proclaims the article
to be so restricted.
Trading or commercial dealings o
any nature with any enemy compan.
| or agent in this country abroad Il
forbidden, except under license OF thu
war trade board, which is also author
lied to license enemy or "ally o.
enemy" companies doing business il
the United States, except insurance
companies, whose supervision is en-
trusted to the treasury.
Censorship of mails, cables. radio
and telegraph messages passing out
of the United States is placed in the
hands of a censorship board consist
ing of representatives of the war
navy and postoffice departments, the
war trade board and of George Creel
chairman of the committee on public
information.
Censorship Strict.
To the treasury is assigned the reg
ulation of transactions in foreign ex-
change and expectation of gold or sill
yer coin under license, and enforce
ment of the laws provisions against
transmission to the enemy of inf0rma-
ton by any other means than regular
mails, the treasury is also authorized
to license insurance or reinsurance
companies of the enemy or ally of the
enemy doing business within the
United States.
Regulation of the use of enemy own
ed or controlled patents for the war,
and of the granting or publication of
patents containing information valu
able to the enemy, is given to the fed
eral trade commission.
The postmaster general is entrusted
with supervision over and licensing Of
foreign language newspapers. In an
of this authority, POstmas-
ter General Burleson has been receiv
Ing applications for lisenses and will
begin issuing them at once. All such
papers except those granted licenses
are required under penalty to file with
their local postmasters before publica
lion, true TRANSACTIONS of all matter re-
ating to the United States government
)r to the governments of any other
t unlawful to circulate matter made |
by the espionage act.
To Appoint Custodian.
The presidents order defines the |
lowers of the alien property custodian
o act as trustee for all enemy prop
rty within the United States or to
ssue licenses exempcing enemy COM
anies from his supervision. An APP
ointment for this position will be
lade soon.
The secretary of state is empowered
D license the transportation of enc
lies to or from the United States
trough the existing passport means.
he secretary of commerce will retain
uthority to review the decisions of
lstoms collectors refusing clearances
vessels carrying cargoes in viola
on of the act.
The new war trade board is to con-
st of Vance G. Mccormick chairman,
presenting the secretary of state;
r. Alonzo E. Taylor, representing the
cretary Of agriculture; Thos. D.
mes, representing the secretary of
Beaver White, representing /
e food administrator Frank c. Mum
H. representing the shipping board,
I'd a representative of the secretary /
the treasury, yet to be named. all S
It the treasury representative are q
w members of the exports admin S
rative board, whose work hereafter Z
ii be done by the bureau of exports u
the war trade board. t
The name of the present exports coun-
is changed to war trade council. with
: secretary of the treasury and Chair
IN Hurley Of the shipping board. the
'retaries of state. agriculture and COM "
rec and the food administrator added In
Its membership. This body will act r.
an advisory capacity to the president.
The secretary of the treasury's author "
to prevent transmission of informa- p;
n to an enemy, either to or from the al
Tied States, will be exercised by the =,
ret service. !"
McAdoo is expected to turn
# to the federal reserve board the
cutive administration of any investi-
ion of any transaction in foreign ex- :,
nge, by any person in the United ~
tes." The reserve board already ex- pc
lses virtual control over gold and sill er
exports. g.
Among the most important and far !.
ching OF the provisions Of the enemy "a
/" says an official statement explain TIC
the law. ARE those dealing with the
Ing over by this government of the
-ody and control of enemy property
ain the United States. K.
The property affected by these pro- hii
ons Is that in the United States be- In
Ing to any person or corporation that ar,
n enemy or ally of the enemy. OK
those licensed to continue Doing w
Asss IN the United States.