Secretary of the Treasury Snyder has announced the lifting of Treasury Department restrictions on the payment and collection of checks, drafts and other payment instruments which have been within enemy or enemy-occupied territory prior to September 2, 1945.
He stated that the principal purpose underlying the restrictions on the negotiation of such instruments was to protect the interests of persons who had been forced by the enemy, through coercion or duress, to transfer or issue such instruments. However, since nearly two years have elapsed since the end of the war, it is believed that a sufficient time has now been allowed for such persons or their representatives to take steps for their protection.
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