Title: "Total Curb on Japanese Funds," Seattle Times, 12/8/1941, (ddr-densho-56-527)
Densho ID: ddr-densho-56-527

TOTAL CURB ON JAPANESE FUNDS

WASHINGTON, Monday, Dec. 8--(AP)--An official Treasury statement made plain today that the order surrounding all Japanese financial transactions prohibits the transfer of money or other assets to all Japanese regardless of how long they may have lived in this country.

Under previous orders barring cash assets, such restrictions did not apply to Japanese who had lived in this country continuously prior to June 11, 1940.

The Treasury instructed banks not only to refuse payments on checks for Japanese, but also to prevent withdrawals from safety-deposit boxes.

In direct transactions between American and Latin Americans of any other nationality, which in some way might benefit the Japanese also were forbidden.

Japanese-owned banks were closed.