The Washington times., 1921-02-11
HOUST0NMUST
FEB. q.
Secretary Of Treasury Cited to
Show Cause by JUS
tice Hitz.

The bill for an injunction dlsd this
morning In the District Supreme
Court, by William Randolph Hearst
against the Secretary Of the Treas
ury to prevent any further credits
to foreign governments, feliewsi
The plaintin represents uAss sAs
court that
1. He Is q citissn Of the VaitsA
State and . resident Of the STATE of
New York. and n . taxpayr 81 hs
Unitsd statss aHA bslass this sals IN
his own right - such taxpAysr r
4. The defendant. David y Aoustan.
10 the Secretary ef the Treasury Of
the United Statss and . temporary
resident Of the District Of Columbia
8. BY Joint Resolution approved
Aprn 8. lSl7. the uaitsd States Of
America declared . state Of war to
exist between the Imperial German
government and the Govsrnmsut and
people OF the United States, and that
from said time and until the ilth
day OF November 1913, The United
States OF America engaged In actual
hostilitiss In the prosecutieu OF the
said war against the said Imperial
German government. and BY Joint
Resolution approved December 2. 1917.
liz ohttCu ctatcc VA AASSs ~ oO>AoS Vu
a state Of war to exist between the
Imperial and Royal lAustro-HungartAn
government and the Government and
people of the United States, and that
from said time and until the llth day
OF November. 1918. the United States
of America engaged In actual hos-
tilities in the prosecution OF the said
war against the said Imperial and
Royal aI\Austro-H government
4. That at the time of-the enact
ment of the said Joint Resolution de-
claring q state OF war to exist be-
tween the imperial German govern
ment and the Imperial and royal Aus
tro-Hungarian government. respec-
lively. and the Government and people
of the United States, many foreign
governments were engaged. or there
after became engaged, In war with
one or the other. or both. of said enc
mics Of the United States.
ACT OF APRIL - 1917.
s. That for tho purpose Of more Of
fectually providing for the national
security and defense and the prosecu-
ton Of the war. the Congress OF the
United States passed the act approved
April -, 1917, entitled .An act to au-
thorize an Issue of bonds to meet ex-
penditures for the national security
and defense, and, for the purpose Of
assisting in the prosecution of the
war, to extend credit to foreign gov
ernments, and for other purposes. I"
Section Of which, provides. in part.
~ follows:
Sec. = That for tho purpose Of more
effectually providing for the national Sc
curity and defense and prosecuting ths
war BY establishing credits in the United
States for foreign governments. the Sec
retary Of the Treasury, with the approval
OF the President. is hereby authorised, ON
behalf Of the United States. to purchase.
at par, from such foreign governments thsn
engaged In war with the enemies Of the
United States, their obligations hereafter
issued. bearing the same rate OF interest
and containing in their essentials the same
terms and conditions as those OF the
United States issued under authority OF
this act; to enter into such arrangements
as may be necessary or desirable for es-
tablishing such credits and for purchas-
ing such obligations Of foreign govern
ments and for the subsequent payment
thereof before maturity, but such arrange
ments shall provide that IL any OF the
bonds Of the United States issued and used
for the purchase Of such foreisn oblis.-
tions shall thereafter be converted into
other bonds of the United States bearing
q higher rate of interest than three and
one half per ceutum per annuru under the
provisions Of section ffve Of this act, then