Abstract

The Week

The breadth of the powers to be exercised by the Government under the Trading-with-the-Enemy act is measured by the additional administrative machinery called into being by the President's executive order. The Exports Administrative Board, created late in August, 1917 is replaced by a War Trade Board, which inherits its powers, responsibilities, and organization. This Board assumes the new duties of controlling by license the importation of such classes of articles as the President may by proclamation designate; of controlling the issuance of licenses to trade directly or indirectly with or for any enemy or person of enemy connection; of controlling the licensing of enemy businesses in this country other than enemy insurance companies, and of controlling the grant to enemies and enemy allies in business here of power to assume a new name.