Text Version


any person acting for or on behalf of any faction or asserted govern-
ment within any such state whereill civil strife exists, issued after
the date of such proclamation, or to, make any loan or extend any
credit to any such government, political subdivision, faction, asserted
government, or person, or to solicit or receive any contribution for
any such government, political subdivision, faction, asserted govern-
ment, or person: Provided, That if the President shall find that such
action will serve to protect the commercial or other interests of the
United States or its citizens, he may, in his discretion, and to such
extent and under such regulations as he may prescribe, except from
the operation of this section ordinary commercial credits and short-
time obligations in aid of legal transactions and of a character cus-
tomarily used in normal peacetime commercial transactions, Noth-
ing in this subsection shall be construed to prohibit the solicitation
or collection of funds to be used for medical aid and assistance, or
for food and clothing to relieve human suffering, when such solici-
tation or collection of funds is made on behalf of and for use by any
person or organization which is not acting for or on behalf of any
such government, political subdivision, faction, or asserted govern-
ment, but all such solicitations and collections of funds shall be
subject to the approval of the President and shall be made under
such rules and regulations as he shall prescribe.
 
 "(b) The provisions of this section shall not apply to a renewal or
adjustment of such indebtedness as may exist on the date of the
President's proclamation.
 
  "(c) Whoever shall violate the provisions of  this section or of any
regulations issued hereunder shall, upon conviction thereof, be fined
not more than $50,000 or imprisoned for not more than five years,
or both. Should the violation be by a corporation, organization, or
association, each officer or agent thereof participating in the viola-
tion may be liable to the penalty herein prescribed.
 
  "(d) Whenever the President shall have revoked any such procla-
mation issued under the authority of section 1 of this Act, the pro-
visions of this section and of any regulations issued by the President
hereunder shall thereupon cease to apply with respect to the state
or states named in such proclamation, except with respect to offenses
committed prior to such revocation.
 
 
                              "EXCEPTIONS--AMERICA  REPUBLICS
 
    "SEC. 4. This Act shall not apply to an American republic or republics engaged in war against a
non-American state or states, provided the American republic is not cooperating with a
nonAmerican state or states in such war.
 
    "SEC. 5. (a) There is hereby established a National Munitions Control Board (hereinafter
referred to as the 'Board') to carry out the provisions of this Act. The Board shall consist of the
Secretary of State, who shall be chairman and executive officer of the Board, the Secretary of the
Treasury, the Secretary of War, the Secretary of the Navy, and the Secretary of Commerce.
Except as otherwise provided in this Act, or by other law, the administration of this Act
 
 
is vested in.the Department of State. The Secretary of State shall promulgate such rules and
regulations with regard to the enforcemerit of this section as he may deem necessary to carry out
its provisions. The Board shall be convened by the chairman and shall
hold at least one meeting a year.
    "(b) Every person who engages in the business of manufacturing,exporting, or rexporting any
of the arms, ammunition, or implements of war referred to in this Act, whether as an exporter, im-
porter, manufacturer, or dealer, shall register with the Secretary of State his name, or business
name, principal place of business, and places of business in the United States, and a list of the
arms, ammunition, and implements of war which he manufactures, imports, or
exports.
    "(c) Every person required to register under this section shall notify the Secretary of State of
any change in the arms, ammunition, or implements of war which he exports, imports, or
manufactures; and upon such notification the Secretary of State shall issue to such
person an amended certificate of registration, free of charge, which shall remain valid until the
date of expiration oi the original certificate. Every person required to register under the provisions
of this section shall pay a regjlstration fee of 8500, unless he manufactured, exported, or imported
arms, ammunition, and implements of war to a total sales value of less than $50,000 during the
twelve months immediately preceding his registration, in which case he shall pay a registration fee
of $100. Upon receipt of the required registration fee, the Secretary of State shall issue a
registration certificate valid for five years, which shall be renewable for further periods of
five years upon the payment for each renewal of a fee of $500 in the case of persons who
manufactured, exported, or imported arms, ammunition, and implements of war to a total sales
value of more than $50, 000 during the twelve months immediately preceding the renewal,
or a fee of  $100 in the case of persons who manufactured, exported, or imported arms,
ammunition, and implements of war to a total sales value of less than $50,000 during the twelve
months immediately preceding the renewal. The Secretary of the Treasury is hereby
directed to refund, out of any moneys in the Treasury not otherwise appropriated, the sum of
$400 to every person who shall have paid a registration fee of $500 pursuant to this Act, who
manufactured, exported, or imported arms, ammunition, and implements of war to
a total sales value of less than $50,000 during the twelve months immediately preceding his
registration.
     "(d) It shall be unlawful for any person to export, or attempt to export, groin the United States
to any other state, any of the arms, ammunition, or implements of war referred to in this Act, or to
import, or attempt to import, to the United States from any other state, any of the arms,
ammunition, or implements of  war referred to in this Act, without first having obtained a license
therefor.
     "(e) All. persons  required to register under this section shall maintain, subject to the inspection
of the Secretary of State, or any person or persons designated by him, such permanent records of
manufacture for export, importation, and exportation of arms, ammunition, and implements of
war as the Secretary of State shall prescribe.
 
 
 
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