Det danske Fredsakademi
Kronologi over fredssagen og international politik 29. februar 1936 / Time Line February 29, 1936
Version 3.502/29/1936
Ny
amerikansk
neutralitetslov vedtages.
02/29/1936
"Neutrality Act" of February 29, 1936 JOINT RESOLUTION
Extending and amending the joint resolution (Public Resolution
Numbered 67 Seventy-fourth Congress), approved August 31, 1935.
Resolved by the Senate and House of Representatives of the United
States of America in Congress assembled, That section 1 of the
joint solution (Public Resolution Numbered 67, Seventy-fourth
Congress) approved August 31, 1935, be, and the same hereby is,
amended by striking out in the first section, on the second line,
after the word assembled" the following words: "That upon the
outbreak or during the progress of war between", and inserting
therefor the words: "Whenever the President shall find that there
exists a state of war between"; and by striking out the word "may"
after the word "President" and before the word "from" in the
twelfth line, and inserting in lieu thereof the word "shall"; and
by substituting for the last paragraph of said section the
following paragraph: "except with respect to offenses committed, or
forfeitures incurred prior to May 1, 1937, this section and all
proclamations issued thereunder shall not be effective after May 1,
1937."
SEC. 2. There are hereby added to said joint resolution two new
sections, to be known as sections la and lb, reading as
follows:
"SEC. la. Whenever the President shall have issued his proclamation
as provided for in section 1 of this Act, it shall thereafter
during the period of the war be unlawful for any person within the
United States to purchase, sell, or exchange bonds, securities, or
other obligations of the government of any belligerent country, or
of any political subdivision thereof, or of any person acting for
or on behalf of such government, issued after the date of such
proclamation, or to make any loan or extend any credit to any such
government 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 nationals, he may, in his
discretion, and to such extent and under such regulation 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 customarily used in normal
peace-time commercial transactions.
"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.
"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 violation may be liable to the penalty herein
prescribed.
"When the President shall have revoked his proclamation as provided
for in section 1 of this Act, the provisions of this section and of
any regulations issued by the President hereunder shall thereupon
cease to apply.
"SEC. lb. 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
non-American state or states in such war."
SEC. 3. Section 9 of said joint resolution is amended to read as
follows:
"There is hereby authorized to be appropriated from time to time,
out of any money in the Treasury not otherwise appropriated, such
amounts as may be necessary to carry out the provisions and
accomplish the purposes of this Act."
Approved, February 29, 1936.
Source: U.S., Department of State, Publication 1983,
Peace and War: United States Foreign Policy, 1931-1941
(Washington, D.C.: U.S., Government Printing Office, 1943, pp.
312-14.
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