FDR: “Any transaction for the purpose or which has the effect of evading or…”

On the recordMay 9, 1940

Any transaction for the purpose or which has the effect of evading or avoiding the foregoing prohibitions is prohibited.

Said by

Democratic · New York

Source

Executive Order 8405—Amendment of Executive Order No. 8389 of April 10, 1940, Amending Executive Order No. 6560, Dated...

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FDR: “Any transaction for the purpose or which has the effect of evading or avoiding the foregoing prohibitions is prohibited.”