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2. The business tobe transactedunder this permission
shall be limited to such operations as may be necessary
for making the real!sable assets of the banks available
for Meeting their liabilities, and for discharging these
liabilities as far as may be practicable.
3. All transactions carried out under this permission
shall be Subject to the supervision and control of a
person to be appointed for the purpose by the Treasury,
who shall have absolute discretion. —
a) To refuse to permit any payment that may appear
to him to be contrary to the Interests of the nation.
b) To permit any such new transactions as are in
bis opinion necessary or desirable for the purpose
of the transactions first mentioned in paragraph 1.
c) To permit or to refuse to permit the completion
of any particular transaetion whatsoever.
4. Any assets of the bank which may remain
undistributed after their liabilities have, so far as
possible in the circumstances, been discharged shall
be deposited with the Bank of England to the Order
of the Treasury.
The Permission granted by me on the 13th day
of August, 1914, is hereby revoked.
K. McKENNA,
One of His Majesty’s Principal Secretaries of State.
Home Office, Whitehall, September 19, 1914.
3. Zahlungs- und Handelsverbote.
Staatliche Überwachung.
Proclamation relating to trading with the
enemy No 1 (of Aug. 5th).
Whereas etc. etc.
We do hereby warn all persons resident, carrying
on business, or being in Our Dominions :
Not to supply to or obtain from the said Empire
any goods, wares, or merchandise or to supply to or
obtain the same from any person resident, carrying
on business, or being therein, nor to supply to or
obtain from any person any goods, wares, or merchan
dise for or by way of transmission to or from the
said Empire, or to or from any person resident,
carrying on business or being therein, nor to trade in
or carry any goods, wares, or merchandise destined
for or Corning from the said Empire, or from any
person resident, . carrying on business, or being
therein.
Nor to permit any British ship to leave for,
enter, or communicate with any port or place of the
said Empire.
. Nor to make or enter into any new marine, life,
fire, or other policy or contract of Insurance with or for
the benefit of any person resident, carrying on busi
ness, or being in the said Empire, nor under any
existing policy or contract of Insurance to make any
payment to or for the benefit of any such person in
respect of any loss due to the belligerent action of
Hiss Majesty’s forces or of those of any ally of His
Majesty.
Nor to enter into any new commercial, financial,
or other contract or Obligation with or for the benefit
of any person resident, carrying on business or being
in the said Empire.
And We do hereby further warn all persons that
whoever in contrevention of the law shall commit,
aid, or ab et any of the aforesaid acts will be liable
to such penalties as the law provides.
And We hereby declare that any transactions to,
with or for the benefit of any person resident, carrying
on business, or being in the said Empire which are not
treasonable and are not for the time being expressly
prohibited by üs either by virtue of this Proclamation
or otherwise, and which but for the existence of the
state of war aforesaid would be lawful, are hereby
permitted.
And We hereby declare that the expresssion
“person” in this Proclamation shall include any body
of persons corporate or unincorporate, and that where
any person had, or has an Interest in houses or bran-
ches of business in some other country as well as in
Our Dominions, or in the said Empire (as the case
may be), this Proclamation shall not apply to the
trading or commercial intercourse carried on by such
person solely from or by such houses or branches of
business in such other country.
Given etc. etc. this fifth day of August 1914.
Proclamation extending to Austria-Hungary
the Scope of certain existing Prodamations
and a certain Order in Council connected with
the war.
Whereas etc. etc.
1. The Proclamation warning all Our Subjects and
all persons resident or being in Our Dominions from
contributing to, or participating in or assisting in the
floating of, any loan raised on behalf of the German
Government, or from advaneing money to or entering
into any contract or dealings whatsoever with the
said Government, or otherwise aiding, abetting, or assis
ting the said Government, shall be deemed as from
this date to apply to all loans raised on behalf of, or
contracts or dealings entered into with, or to aiding,
abetting, or assisting the Austro-Hungarian Govern
ment.
2. The Proclamation on Trading with the Enemy
shall be deemed as from this date to prohibit with
the Dual-Monarchy of Austria-Hungary all commer
cial intercourse, which under the said Proclamation
is prohibited with the German Empire, and for this
purpose such Proclamation shall be read as if trough-
out the operative portion thereof, the words “either
the German Empire or the Dual-Monarchy of Austria-
Hungaiy” were substituted for the words “the German
Empire”.