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FEDERAL RESERVE BANK
O F NEW YORK
Fiscal Agent of the United States

r
Circular No. 2 5 3 5 , October 31, 1942
U Reference to Circulars Nos. 2526 and 2527. J

FOREIGN FUNDS CONTROL

To all Banking Institutions, and Others Concerned,
in the Second Federal Reserve District:

F o r y o u r i n f o r m a t i o n we q u o t e below f r o m a t e l e g r a m received t o d a y f r o m t h e T r e a s u r y
Department:
The following is text of Public Interpretation No. 8 :
T R E A S U RY D E P A R T M E N T
Foreign Funds Control
October 31, 1942
PUBLIC I N T E R P R E T A T I O N NO. 8
UNDER E X E C U T I V E ORDER NO. 8389, APRIL 10, 1940. AS AMENDED, AND REGULATIONS
ISSUED PURSUANT THERETO, RELATING TO FOREIGN FUNDS CONTROL

Inquiry has been made as to whether remittances may be sent to German or Italian
prisoners of war in Australia pursuant to General License No. 32.
The Treasury Department has replied that General License No. 32 does not authorize
remittances to enemy prisoners of war in any foreign country.
J. W .

PEHLE,

Assistant

to the

Secretary.

A d d i t i o n a l copies of t h i s c i r c u l a r will be f u r n i s h e d u p o n r e q u e s t .




A L L A N SPROUL,

President.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102