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FEDERAL RESERVE BANK OF NEW YORK Fiscal Agent of the United States r Circular No. 2 3 2 8 , December 10, 1941 Reference to Circulars Nos. 2262, 2269, 225 2271 I 2274, 2277, 2281, 2292, 2293, 2300, 2301, 2302 '274, 306, 2309, 2314, 2319, 2321, 2326 and 2327, Executive Order No. 8389, as Amended, and Regulations Issued Pursuant Thereto, Relating to Transactions in Foreign Exchange, Etc. To all Banking Institutions, and Others Concerned, in the Second Federal Reserve District: For your information we quote below the text of a telegram received today from the Treasury Department: The following general license has been issued today, December 9, 1941, pursuant to Executive Order No. 8389, as amended, and the Regulations issued thereunder: CODE OF FEDERAL REGULATIONS "N TREASURY DEPARTMENT Title 31—Money and Finance: Treasury r\ca r,i c Chapter I—Monetary Offices, Department of the Treasury Umce ot the Secretary Part 131—General Licenses under Executive Order No. 8389, December 9, 1941 April 10, 1940, as amended, and Regulations issued pursuant thereto. Section 131.76 GENERAL LICENSE NO. 76 UNDER EXECUTIVE ORDER NO. 8389, APRIL 10, 1940, AS AMENDED, AND REGULATIONS ISSUED PURSUANT THERETO, RELATING TO TRANSACTIONS IN FOREIGN EXCHANGE, ETC.* A general license is hereby granted licensing any transaction which is prohibited by the Order solely by reason of the fact that it involves property in which Thailand, or any national thereof, has at any time prior to December 9, 1941, but not on or since December 9, 1941, had any interest. This general license shall not be deemed to authorize any transaction, if (i) such transaction is by, or on behalf of, or pursuant to the direction of Thailand, or any national thereof, or (ii) such transaction involves property in which Thailand, or any national thereof, has at any time on or since December 9, 1941, had any interest. E. H. FOLEY, JR. Acting Secretary of the Treasury. * Part 131;—Sec. 5(b), 40 Stat. 415 and 966; Sec. 2, 48 Stat. 1; 54 Stat. 179; Ex. Order 8389, April 10, 1940, as amended by Ex. Order 8785, June 14, 1941, Ex. Order 8832, July 26, 1941, and Ex. Order 8963, December 9, 1941; Regulations, April 10, 1940, as amended June 14, 1941, and July 26, 1941. Additional copies of this circular will be furnished upon request. ALLAN SPROUL, . President.