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PROCLAMATIONS

[CONVENING THE CONGRESS IN EXTRA SESSION]

BY THE PRESIDENT OF THE UNITED STATES OF AMERICA

A PROCLAMATION

WHEREAS public interests require that the Congress of the United States should be convened in extra session at twelve o'clock, noon, on the Ninth day of March, 1933, to receive such communication as may be made by the Executive;

March 5, 1933.

Preamble.

Convening extra ses

Now, Therefore, I, Franklin D. Roosevelt, President of the United sion of Congress, March States of America, do hereby proclaim and declare that an extraor- 9, 1933. dinary occasion requires the Congress of the United States to convene in extra session at the Capitol in the City of Washington on the Ninth day of March, 1933, at twelve o'clock, noon, of which all persons who shall at that time be entitled to act as members thereof are hereby required to take notice.

IN WITNESS WHEREOF, I have hereunto set my hand and caused to be affixed the great seal of the United States.

Done at the City of Washington this Fifth day of March, in the year of our Lord One Thousand Nine Hundred and Thirty-three, and [SEAL] of the Independence of the United States the One Hundred and Fifty-seventh.

By the President:

CORDELL HULL

FRANKLIN D ROOSEVELT

Secretary of State.

[No. 2038]

[BANK HOLIDAY, MARCH 6-9, 1933, INCLUSIVE]

BY THE PRESIDENT OF THE UNITED STATES OF AMERICA

A PROCLAMATION

March 6, 1933.

Preamble.

WHEREAS there have been heavy and unwarranted withdrawals of Bank holiday. gold and currency from our banking institutions for the purpose of hoarding; and

WHEREAS Continuous and increasingly extensive speculative activity abroad in foreign exchange has resulted in severe drains on the Nation's stocks of gold; and

WHEREAS these conditions have created a national emergency; and WHEREAS it is in the best interests of all bank depositors that a period of respite be provided with a view to preventing further hoarding of coin, bullion or currency or speculation in foreign exchange and permitting the application of appropriate measures to protect the interests of our people; and

1689

Trading with the Enemy Act.

etc.

Vol. 40, p. 415.
Post. p. 1691.

* * *

" and

WHEREAS it is provided in Section 5(b) of the Act of October 6, Regulation of foreign 1917, (40 Stat. L. 411) as amended, "That the President may investiexchange, coin-export, gate, regulate, or prohibit, under such rules and regulations as he may prescribe, by means of licenses or otherwise, any transactions in foreign exchange and the export, hoarding, melting, or earmarkings of gold or silver coin or bullion or currency WHEREAS it is provided in Section 16 of the said Act "that whoever shall willfully violate any of the provisions of this Act or of any license, rule, or regulation issued thereunder, and whoever shall willfully violate, neglect, or refuse to comply with any order of the President issued in compliance with the provisions of this Act, shall, upon conviction, be fined not more than $10,000, or, if a natural person, imprisoned for not more than ten years, or both; *

Penalties specified for violations.

Vol. 40, p. 425.

Bank, etc., holiday declared March 6 to 9, 1933.

Ante, p. 1.

*

NOW, THEREFORE, I, Franklin D. Roosevelt, President of the United States of America, in view of such national emergency and by virtue of the authority vested in me by said Act and in order to prevent the export, hoarding, or earmarking of gold or silver coin or bullion or currency, do hereby proclaim, order, direct and declare that from Monday, the sixth day of March, to Thursday, the ninth day of March, Nineteen Hundred and Thirty Three, both dates inclusive, there shall be maintained and observed by all banking institutions and all branches thereof located in the United States of America, including the territories and insular possessions, a bank Banking transactions holiday, and that during said period all banking transactions shall perioduspended during be suspended. During such holiday, excepting as hereinafter provided, no such banking institution or branch shall pay out, export, earmark, or permit the withdrawal or transfer in any manner or by any device whatsoever, of any gold or silver coin or bullion or currency or take any other action which might facilitate the hoarding thereof; nor shall any such banking institution or branch pay out deposits, make loans or discounts, deal in foreign exchange, transfer credits from the United States to any place abroad, or transact any other banking business whatsoever.

to be

Authority of Secretary of the Treasury to tions.

During such holiday, the Secretary of the Treasury, with the permit certain func- approval of the President and under such regulations as he may prescribe, is authorized and empowered (a) to permit any or all of such banking institutions to perform any or all of the usual banking functions, (b) to direct, require or permit the issuance of clearing house certificates or other evidences of claims against assets of banking institutions, and (c) to authorize and direct the creation in such banking institutions of special trust accounts for the receipt of new deposits which shall be subject to withdrawal on demand without any restriction or limitation and shall be kept separately in cash or on deposit in Federal Reserve Banks or invested in obligations of the United States.

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As used in this order the term "banking institutions" shall include all Federal Reserve banks, national banking associations, banks, trust companies, savings banks, building and loan associations, credit unions, or other corporations, partnerships, associations or persons, engaged in the business of receiving deposits, making loans, discounting business paper, or transacting any other form of banking business.

IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the United States to be affixed.

Done in the City of Washington this 6th day of March-1 A.M. in the year of our Lord One Thousand Nine Hundred and [SEAL] Thirty-three, and of the Independence of the United States the One Hundred and Fifty-seventh.

FRANKLIN D ROOSEVELT

By the President:

CORDELL HULL

Secretary of State.

[No. 2039]

[CONTINUING IN FORCE THE BANK HOLIDAY PROCLAMATION OF MARCH 6, 1933]

BY THE PRESIDENT OF THE UNITED STATES OF AMERICA

A PROCLAMATION

March 9, 1933.

Bank holiday.
Preamble.

WHEREAS, on March 6, 1933, I, FRANKLIN D. ROOSEVELT, President of the United States of America, by Proclamation declared Ante, p. 1689. the existence of a national emergency and proclaimed a bank holiday extending from Monday the 6th day of March to Thursday the 9th day of March, 1933, both dates inclusive, in order to prevent the export, hoarding or earmarking of gold or silver coin, or bullion or currency, or speculation in foreign exchange; and

and authority.
Ante, p. 1.
Vol. 40, p. 415.

WHEREAS, under the Act of March 9, 1933, all Proclamations Statutory approval heretofore or hereafter issued by the President pursuant to the authority conferred by section 5(b) of the Act of October 6, 1917, as amended, are approved and confirmed; and WHEREAS, said national emergency still continues, and it is neces- necessary under present sary to take further measures extending beyond March 9, 1933, in emergency. order to accomplish such purposes:

Further measures

Bank holiday ex

NOW, THEREFORE, I, FRANKLIN D. ROOSEVELT, President of the tended beyond March United States of America, in view of such continuing national emer- 9, 1933. gency and by virtue of the authority vested in me by Section 5(b) of the Act of October 6, 1917 (40 Stat. L., 411) as amended by the Act of March 9, 1933, do hereby proclaim, order, direct and declare that all the terms and provisions of said Proclamation of March 6, 1933, and the regulations and orders issued thereunder are hereby continued in full force and effect until further proclamation by the President. IN WITNESS WHEREOF I have hereunto set my hand and have caused the seal of the United States to be affixed.

Done in the District of Columbia, this 9th day of March, in the
Year of our Lord One Thousand Nine Hundred and Thirty-
[SEAL] three, and of the Independence of the United States the
One Hundredth and Fifty-seventh.

By the President:

CORDELL HULL

Secretary of State.

FRANKLIN D ROOSEVELT

[No. 2040]

March 15, 1933.

Preamble.

Appointing William H. Woodin Director

General of Railroads.

Vol. 41, p. 456; Vol.

40, p. 451; Vol. 39, p. 619.

Effective date.

APPOINTING WILLIAM H. WOODIN DIRECTOR GENERAL OF RAILROADS

BY THE PRESIDENT OF THE UNITED STATES OF AMERICA

A PROCLAMATION

WHEREAS Ogden L. Mills has tendered his resignation as Director General of Railroads; and

WHEREAS such resignation has been accepted effective upon the qualification of his successor;

NOW, THEREFORE, I, FRANKLIN D. ROOSEVELT, President of the United States of America, under and by virtue of the power and authority so vested in me under the Transportation Act of 1920, the unrepealed provisions of the Federal Control Act of March 21, 1918, and the act entitled "AN ACT Making appropriations for the support of the Army for the fiscal year ending June thirtieth, nineteen hundred and seventeen, and for other purposes," approved August 29, 1916, and of all other powers me hereto enabling, do hereby appoint, effective the 15th day of March, 1933, William H. Woodin, Secretary of the Treasury, to be Director General of Railroads in the stead of the said Ogden L. Mills, and do hereby delegate to and continue and confirm in him all powers and authority heretofore granted to and now possessed by the said Ogden L. Mills as Director General of Railroads; and do hereby authorize and direct the said William H. Woodin or his successor in office, until otherwise provided by proclamation of the President or by act of Congress, either personally or through such divisions, agencies, or persons as he may authorize, to exercise and perform, as fully in all respects as the President is authorized to do, all and singular the powers and duties conferred or imposed upon me by the said unrepealed provisions of the Federal Control Act of March 21, 1918, and the said Transportation Act of February 28, 1920, except the designation of the agent under section 206 thereof.

IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the United States to be affixed.

DONE at the City of Washington this 15th day of March, in the year of our Lord nineteen hundred and thirty-three, and [SEAL] of the Independence of the United States of America the one hundred and fifty-seventh.

By the President:

CORDELL HULL

Secretary of State.

FRANKLIN D ROOSEVELT

[No. 2041]

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DESIGNATING AND APPOINTING WILLIAM H. WOODIN, DIRECTOR
GENERAL OF RAILROADS, AND HIS SUCCESSOR IN OFFICE, AS THE
AGENT PROVIDED FOR IN SECTION 206 OF THE ACT OF CONGRESS
APPROVED FEBRUARY 28, 1920

BY THE PRESIDENT OF THE UNITED STATES OF AMERICA

A PROCLAMATION

WHEREAS by proclamation dated February 12, 1932, Ogden L. Mills, Director General of Railroads, was designated as the agent provided for in section 206 of the Transportation Act, 1920; and

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