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FEDERAL RESERVE BANK
OF NEW YORK

FISCAL AGENT OF THE UNITED STATES

April 19, 1945

Jacques Seligmann & Co. Inc.
5 East 57th Street
New York 22, New York

Dear Sirs:   

Attention: Mr. O. A. Liechti

We have received your letter of April 16, 1946, regarding Treasury Department license No. 332126-T, issued under Executive Order 8389, as amended.

You are advised that any license issued in matters of this nature is purely permissive and operates only to remove the prohibitions imposed by the freezing control, exercised by the Treasury Department pursuant to Section 5 (b) of the Trading with the Enemy Act, as amended. No such license constitutes any determination by the Department as to the propriety, validity or legality of the transaction specified therein, under any other statute, proclamation, regulation, rule or law.

Very truly yours,

Harding Cowan
Special Attorney
Foreign Funds Control Department

Transcription Notes:
---------- Reopened for Editing 2024-02-16 13:37:51 ---------- Reopened for Editing 2024-02-16 15:15:35 ---------- Reopened for Editing 2024-02-18 09:12:29