Evening Republican, Volume 21, Number 30, Rensselaer, Jasper County, 13 February 1918 — Payment of Funds to Credit of Enemy or Ally Authorized by U. S. War Trade Board [ARTICLE]

Payment of Funds to Credit of Enemy or Ally Authorized by U. S. War Trade Board

The war trade board has authorized the payment of drafts that have been accepted, drawn on funds to the credit of a person who Is an “enemy” or “ally of enemy,” or acting for or on behalf of an “enemj*’ or "ally of enemy,” or on which such a person appears as drawer or indorser, when such, drafts are presented for payment in the United States: Provided, however, that when such drafts are collected for or on behalf of any person who Is an “enemy” or “ally of enemy,” or person acting for or on behalf of an “enemy” or “ally of enemy,” the proceeds of collection shall be at once reported by the person making such collection to and be held subject to the disposition ol the alien property custodian. No drafts can now be accepted or transferred or dealt in before acceptance which are drawn on funds to the credit of any person who is an “enemy” or “ally of enemy” or acting, for or on behalf of an “enemy” or “ally of enemy,” or drawn by or to the order of such person, or on which such person appears as Indorser, unless a license is first obtained from the bureau of enejny trade, Bond Building, Wash--1 ng ton. The war trade board has also authorized the payment of travelers’ checks, not exceeding SIOO in amount, on which there appears the indorsement of a person who is an “enemy” or "ally of enemy,” or acting for or on behalf of an “enemy” or “ally of enemy,” without obtaining a license therefor.