Evening star., 1934-07-08

registration Of the issues Of all securi- |
ties and these registrations must be /
accompanied by full statement of
facts, of assets and Of liabilities. Any |
willful violation of these provisions, |
including the Withholding Of material
information, may be punished by a
fine of $4,000 or five years fmpr1son-
ment or by both.
Congress put through law designed
to protect Government records" 1t
provides a penalty Of $4,000 fine or
10 years imprisonment for any official
Of the Government who discloses the
codes or messages between foreign
governments and their diplomatic |
representatives in the United States.
Under the home loan act it Is pro-
vided that no person or corporation
shall solicit or charge any fee from
any person applying to the Home
owners Loan Corporation for loan,
except the ordinary fees authorized
by the corporation for services actu-
this clause may be fined not more
than $4,000 or imprisoned not more
than five years or both.
When Congress passed the liquor
tax law after the repeal of national
prohibition it wrote into that law q
penalty to be imposed on any person
who counterfeits or alters the internal
revenue stamps placed upon legal
liquors Violation may be punished
by a fine not exceeding 1000 or by
imprisonment at hard labor" not ex-
ceeding five years or both. Similar
punishment may be imposed upon any
person who transports, possesses buys
or sells liquor which does not carry
the Government stamp.
The Bankhead cotton production
act carries penalties of fine and In
prisonment for those who violate its
provisions A person who fails to
pay willfully the tax imposed under
the act on cotton produced in excess
of the quota allowed is subject to a
fine not exceeding $1,000 or to i'm
prisonment for not more than six
months or both.
The stock exchange regulation law
carries severe penalties for violation
vi 4Co RION4oAOl1Ss oCo18A1Co W pICfCut
manipulation of security prices, to fix
margin requirements, etc. These penal |
ties include fines up to $4,000 or i'm
prisonment for not more than two |
years or both, where individuals are
found guilty, and where an exchange
is guilty the fine may run as high as
$500, 900.
Housing Bill Penalties.
The housing bill, passed in the last |
days Of the session, carries a penalty
OF Imprisonment for one year or
fine Of $1,000, or both, for false repre-
sentation in advertising. 1t also car
ries a penalty Of $1,000 or imprison-
ment for not more than two years, or
both, for any false statement or over
valuation Of securities made for the
purpose of obtaining any loan from
the Federal Housing Administration
or the Savings and Loan Insurance
Corporation.
Among the so-calIed crime laws" ,.
put through the last session of Con-
gress, at the instance of the Depart
ment OF Justice, Is one which, provides
punishment for the killing or ASSAULT
ing OF Federal officers. Such cases
under the new law may be tried in |
the Federal courts. This act provides |
that whoever shall forcibly resist, in
timidate or interfere with a Federal
onicer, or shall assault him. shall be
nned not more than $1,000 or i'm
prSoned not more than three years
or both. II deadly or DANGEROUS
weapon Is used the fine may be in
creased to $4,000 and the impr1son-
ment to 10 years.
Bank hold-ups are recognized under
another Federal statute, which pro-
vides penalty Of $1,000 or imprison-
ment OF not more than 20 years or
both Tor any one who steals by yio-
ience from a bank. ANY one who
assaults q person In a bank hold-up
with a dangerous weapon may be
fined UP to $4,000 or imprisoned uu
to rs years or both, and II a bandit |
kills any person or kidnaps him in a |
bank hold-up the bandit may be |
punished by imprisonment for not |
less than 10 years or by death II the |
jury so directs. ,.- -
Another one of these crime laws |
recently approved amends the act for |
bidding transportation Of kidnapped |
persons in interstate commerce so as |
to impose heavy penalties, death or
long imprisonment, and it is further
provided that the failure to release
a kidnapped person within seven days
after he has been abducted shall /
create presumption that he has been
transported m interstate and foreign
commerce.
Still another Of these crime acts /
extends the provision of the national
motor vehicle theft act to other stolen
property. including securities and
money.