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TREASURY DEPARTMENT Was hi ngt on FOR RELEASE, Saturday, MORNING NEWSPAPERS August At 31, Press 1946 the r e q u e s t No. of President Ro xa s and Service S-66 concurrently with t he e s t a b l i s h m e n t b y t h e P h i l i p p i n e G o v e r n me n t o f i t s own F o r e i g n Funds C o n t r o l , t h e U . S. T r e a s u r y De p a r t me n t a nn o u n c e s t o d a y t h e t e r m i n a t i o n of its freezing Foreign Fu n ds controls Control controls over Treasury officials established assist pected in Philippine in Philippines in Ma n , i l a . property out in that Philippines controlling the the United the freezing shortly e n e my - o wn e d and closing In a d d i t i o n , » f te r assets and the States the we r e controls their of its blocking lifted. we r e re liberation activities of to sus collaborators. purposes treated as censed an trade licenses General of area, No. as 5 with to Nos. Th e No. 18, freezing unblocked Licenses from the Ruling the applicable Philippines. Ruling the pointed the General the in Office country defined the 53 as amended regulations a nd as a part in General generally and 53A, are also waives respect to that shall for be the generally li License No. 53. all trade automatically importations -ooOoo- provides Philippines of licensed a me n d me n t Philippines. today, the the of area, Th u s including extended provisions securities of to t he General and c u r r e n c y
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