The “Definitions” section is § 2, not § 1; however, that has no relevance to the gist of your inquiry.
At this moment I have neither Act before me and it has been years since I reviewed those Acts. Nonetheless, we do have a few articles that review the gist of the acts; so I will provide a bit of text from those Acts; and, from that we will see if we can help you resolve your inquiry.
Respectively, let’s take a look at the law in question:
On, October 6, 1917, at: Public Law No. 65-91 (40 Stat. L. 411), Congress wrote:CHAP. 106. - An Act to define, regulate, and punish trading with the enemy, and for other purposes.
Sec. 2(c) Such other individuals, or body or class of individuals, as may be natives, citizens, or subjects of any nation with which the United States is at war, other than citizens of the United States, wherever resident or wherever doing business, as the President, if he shall find the safety of the United States or the successful prosecution of the war shall so require, may, by proclamation, include within the term "enemy."
Sec. 5(b) That the President may investigate, regulate or prohibit, under such rules as he may prescribe by means of foreign exchange, export or earmarkings of gold or silver coin or bullion or currency, transfers of credit in any form other than credits relating to transactions to be executed wholly within the United States…
In 1933 Sec. 5(b) was changed to:
At Sec. 5(b), Congress wrote:During time of war or any other period of national emergency declared by the President, the President may, through any agency that he may designate, or otherwise, investigate, regulate, or prohibit, under such rules and regulations as he may prescribe, by means of licenses or otherwise, any transactions in foreign exchange, transfers of credit between or payments by banking institutions as defined by the President, and export, hoarding, melting, or earmarkings of gold or silver coin or bullion or currency by any person within the United States or any place subject to the jurisdiction thereof; and the President may require any person engaged in any transaction referred to in this subdivision to furnish under oath, complete information relative thereto, including the production of any books of account, contracts, letters or other papers in connection therewith in the custody or control of such person, either before or after such transaction is completed
Thus, the Act was expanded to include any period of national emergency, any transaction and any people. In 1970, Congress again adjusted that section to remove the “any other period of national emergency”; but by then the issue was not as critical because Corp. U.S. had by then well established the social security cardholder agency relationship so that they could control the resource in a far more powerful way.
Today, the Homeland Security Act and, that which follows, should clearly exemplify that Corp. U.S. considers the people of the United States of America as their biggest nemesis. However, so long as the people remain ignorant of our laws and our history, that threat does not worry them too much.
As you are reviewing such matters it is always a good idea not only to follow the Standard for Review
, but also keep in mind the The Cardinal Rule of Definitions
and the necessity of keepings matters within their own context.
We hope this information is helpful to you.
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