The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1917-10-15

ing business in the United States.
German subjects and the subjects of
her allies resident in the United States
do not. from the mere fact of their
nationality fall within these defini-
tons. The act makes it the duty of
every concern within the United
States, issuing shares of stock, with
in so days after the approval of the
act to report to the alien property
custodian the names of such of the
officers, directors and stockholders as
are known to be or reasonably be-
lieved to be enemies or allies of the
enemy ana the amount of stock or
shares owned by each.
Must Report on Property.
1.-THE act provides in addition, under
severe penalties, that every person in
the United States holding any proper
ty for an enemy or ally Of the en-
emy,' or for any person whom he may
have reasonable cause to believe to be
an enemy or ally of enemy must re-
port the fact to the alien property Gus
todian within 80 days after the pass
age of the act. So also any person in
the United States indebted in any way
to an enemy or ally of enemy or to
a person whom he may have reason
able cause to believe to be an enemy
or ally of enemy must make a SINH
lar report"
The alien property custodian may re-
quire a transfer to himself of any
property held for or debt owed to an
enemy or enemy ally, and any person
so holding any property or SO owing
any money may transfer such prop
erty or pay such money to the Gus
todian with his consent.
Property or money transferred to
the alien property custodian will be
held until the end of the war and then
dealt with as Congress shall direct.
All funds or ready money may be in
vested in liberty bonds and held In
such form.
The President delegated to the At
torney-General the power to direct the
payment Of claims against enemy
property in the hands of the custodian
upon the consent of all persons inter
ested
ENEMY" and "Ally' Defined
The definition of an enemy or
ally of enemy" Is explicit. Any person
regardless Of nationality, who resides
within the territory Of the German
empire or the territory of any Of it's
allies or that occupied by their mill
tary forces expressly is made an zen.
envy" or ALLY OF enemy by the act.
Even citizens of the United States re-
naming within such territory are re-
garded as enemies" or "ailies of an
enemy"
An enemy" or "ally Of enemy" do
...sxl - T,,fA
before November 5, may apply for a Ii
cense to continue to do business In the
United States.
THE main application of these pro-
visions" the official statement says,
will be to German or ally Of Ger
man concerns which are doing bust.
ness in the United States through
branch houses or agents, such as in
surance or reinsurance companies.
Such an enemy or ally Of enemy
may continue to do business within
the United States until such applica-
tions are acted upon"
The license provisions Of the act do
not apply to Germans, Austrians,
Turks or Bulgarians doing business in
the United States and having no bust.
ness connections with interests actual.
ly operating in Germany or her allied
countries.
Thus thousands of alien enemies
having small business establishments
IN the United States need not apply
for license to continue operation IN
less they have dealing with compan-
les having connections in enemy or
ally of enemy territory.
The act authorizes the President to
declare all these alien enemies sub
ject to license regulations, but he has
not extended the provisions to these
persons by his order