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FEDERAL RESERVE BANK
OF DALLAS

Dallas, Texas, December 22, 1941

To All Banking Institutions, and Others Concerned,
in the Eleventh Federal Reserve District:
The Secretary of the Treasury has issued the following public circular and press statement relative
thereto:
“ PUBLIC CIRCULAR NO. 8A, UNDER EXECUTIVE ORDER NO. 8389 of April 10, 1940, as
amended, and Regulations issued pursuant thereto, relating to transactions in foreign exchange, etc.*
All general licenses other than those listed below are hereby reinstated to the extent that they
were revoked by Public Circular No. 8:
General
General
General
General
General
General
General
General
General
General
General

License
License
License
License
License
License
License
License
License
License
License

No. 56
No. 58
No. 59
No. 60
No. 61
No. 63
No. 65
No. 66
No. 68
No. 69
No. 75
E. H. FOLEY, JR.
Acting Secretary of the Treasury”

December 20,1941

*This public circular affects parts 130 and 131 and w ill be included in appendices to those parts— Sec. 5 (b ), 40 Stat.
415 and 966; Sec. 2, 48 Stat. 1; 54 Stat. 179; Ex. Order 8389, A pril 10, 1940, as amended b y Ex. Order 8785, June
14,1941, E x. O rder 8832, July 26, 1941, and Ex. Order 8963, D ecem ber 9, 1941; R egulations, A pril 10, 1940, as
amended June 14, 1941, and July 26, 1941.

PRESS STATEMENT
“ The Treasury Department today reinstated certain general licenses under the freezing order
in their application to Japanese nationals. It will be remembered that on December 7, 1941, all general
and specific licenses were revoked in so far as they concerned Japanese nationals.
“ Public Circular No. 8A, issued today, authorizes Japanese nationals to pay taxes and fees to
the Federal and State governments, to deposit their funds in blocked accounts in banks, and to
engage in certain other limited types of financial transactions under proper safeguards.
E. H. FOLEY, JR.
Acting Secretary of the Treasury”

Yours very truly,
R. R. GILBERT

President

This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)


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