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FEDERAL RESERVE BANK OF DALLAS Dallas, Texas, September 26, 1941 To All Banking Institutions, and Others Concerned, in the Eleventh Federal Reserve District: For your information we quote below from a telegram received from the Treasury Department in connection with Executive Order No. 8389 of April 10, 1940, as amended, and Regulations issued pursuant thereto, relating to transactions in foreign exchange, etc: “ It is the view of the Treasury Department that a person who was lawfully admitted to the United States as a non-quota immigrant under section 4(c) of the Act of May 26, 1924, 43 Stat. 155, (U.S.C. Title 8, Sec. 204(c) ), may be licensed as a generally licensed national under General License No. 42, if all the conditions of General License No. 42 are complied with.” Section 4(c) of the Act of May 26, 1924, defines “ non-quota immigrant” as follows: “ (c) An immigrant who was born in the Dominion of Canada, New foundland, the Republic of Mexico, the Republic of Cuba, the Republic of Haiti, the Dominican Republic, the Canal Zone, or an independent country of Central or South America, and his wife, and his unmarried children under eighteen years of age, if accompanying or following to join him.” 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)
