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FEDERAL

R E S E R V E

BOARD

STATEMENT FOR THE PRESS

Release f o r afternoon
papers, March 21,1919.

X-1436

The Federal Reserve Boa hi has issued, the following
regulations e f f e c t i v e today:
"All r e s t r i c t i o n s as to the sale or purchase of
l i r a exchange by 'dealers 1 as described in the Executive Order
of the President of January 26th, 1918, are hereby removed u n t i l
otherwise instructed."
"Notice is hereby given that ^dealws* as defined
under the Executive Order of the President of January 26th,1918,
u n t i l otherwise instructed, oay nalfe t r a n s f e r s of funds t o persons
not enemies or a l l i e s of enemies resident in Croatia, Slavonia,
Bosnia, Herzegovina and Dalmatia,"

*