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Executive Order 8389
Executive Order 8389 Protecting Funds of Victims of Aggression was issued by U.S. President Franklin D. Roosevelt on April 10, 1940, following the invasions of Denmark and Norway by Nazi Germany. Implementation One of the primary concerns of the U.S. government in the early years of World War II was to prevent the Nazis from using the financial resources of the United States to finance their military campaigns and occupation costs. The task of enforcing this goal by controlling financial assets fell to the US Treasury Department, and President Roosevelt enabled its actions by issuing Executive Order 8389 on April 10, 1940, which froze Norwegian and Danish assets in the United States. As precedent, Roosevelt invoked an act of October 6, 1917, and Executive Order 6560 of January 15, 1934. In doing so, Roosevelt not only offered symbolic support to the occupied nations of Europe, but also guaranteed future practical assistance by assuring that the assets of such states would be re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
FDR In 1933
Franklin Delano Roosevelt (; ; January 30, 1882April 12, 1945), often referred to by his initials FDR, was an American politician and attorney who served as the 32nd president of the United States from 1933 until his death in 1945. As the leader of the Democratic Party, he won a record four presidential elections and became a central figure in world events during the first half of the 20th century. Roosevelt directed the federal government during most of the Great Depression, implementing his New Deal domestic agenda in response to the worst economic crisis in U.S. history. He built the New Deal Coalition, which defined modern liberalism in the United States throughout the middle third of the 20th century. His third and fourth terms were dominated by World War II, which ended in victory shortly after he died in office. Born into the prominent Roosevelt family in Hyde Park, New York, he graduated from both Groton School and Harvard College, and attended Columbia Law Schoo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baltic States
The Baltic states, et, Balti riigid or the Baltic countries is a geopolitical term, which currently is used to group three countries: Estonia, Latvia, and Lithuania. All three countries are members of NATO, the European Union, the Eurozone, and the OECD. The three sovereign states on the eastern coast of the Baltic Sea are sometimes referred to as the "Baltic nations", less often and in historical circumstances also as the "Baltic republics", the "Baltic lands", or simply the Baltics. All three Baltic countries are classified as high-income economies by the World Bank and maintain a very high Human Development Index. The three governments engage in intergovernmental and parliamentary cooperation. There is also frequent cooperation in foreign and security policy, defence, energy, and transportation. The term "Baltic states" ("countries", "nations", or similar) cannot be used unambiguously in the context of cultural areas, national identity, or language. While the majority ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1940 In American Law
Year 194 ( CXCIV) was a common year starting on Tuesday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Septimius and Septimius (or, less frequently, year 947 ''Ab urbe condita''). The denomination 194 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Emperor Septimius Severus and Decimus Clodius Septimius Albinus Caesar become Roman Consuls. * Battle of Issus: Septimius Severus marches with his army (12 legions) to Cilicia, and defeats Pescennius Niger, Roman governor of Syria. Pescennius retreats to Antioch, and is executed by Severus' troops. * Septimius Severus besieges Byzantium (194–196); the city walls suffer extensive damage. Asia * Battle of Yan Province: Warlords Cao Cao and Lü Bu fight for control over Yan Province; the battle lasts for over 100 days ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Welles Declaration
The Welles Declaration was a diplomatic statement issued on July 23, 1940, by Sumner Welles, the acting US Secretary of State, condemning the June 1940 occupation by the Soviet army of the three Baltic countries – Estonia, Latvia, and Lithuania – and refusing to diplomatically recognize their subsequent annexation into the Soviet Union. It was an application of the 1932 Stimson Doctrine of nonrecognition of international territorial changes that were executed by force and was consistent with US President Franklin Roosevelt's attitude towards violent territorial expansion. The 1940 Soviet invasion was an implementation of its 1939 Nazi-Soviet Pact, which contained a secret protocol by which Nazi Germany and Stalinist USSR agreed to partition the independent nations between them. After the pact, the Soviets engaged in a series of ultimatums and actions ending in the annexation of the Baltic states during the summer of 1940. The area held little strategic importance to the U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Estonia
Bank of Estonia ( et, Eesti Pank) is the central bank of Estonia as well as a member of the Eurosystem organisation of euro area central banks. The Bank of Estonia also belongs to the European System of Central Banks. Until 2010, the bank issued the former Estonian currency, the kroon. The Governor of the Bank of Estonia, currently Madis Müller, is a member of the Governing Council of the European Central Bank. TALIBOR Prior to the introduction of the euro, TALIBOR or the Tallinn Interbank Offered Rate was a daily reference rate based on the interest rates at which banks offer to lend ''unsecured'' funds to other banks in the Estonian wholesale money market (or interbank market in Estonian kroons). TALIBOR was published daily by the Bank of Estonia, together with TALIBID (Tallinn Interbank Bid Rate). TALIBOR was calculated based on the quotes for different maturities provided by reference banks at about 11.00 am each business day by disregarding highest and lowest qu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Latvia
The Bank of Latvia ( lv, Latvijas Banka,) is the central bank of Latvia. It is among the nation's key public institutions and carries out economic functions as prescribed by law. It was established in 1922. The principal objective of the Bank of Latvia is to regulate currency in circulation by implementing monetary policy to maintain price stability in Latvia. Until 31 December 2013, the bank was responsible for issuing the former Latvian currency, the Latvian lats, lats. The Bank of Latvia administration is located in Riga. The fiscal year for the bank begins on 1 January and ends on 31 December. History On 7 September 1922, the Constitutional Assembly adopted the Law on the Establishment of the Bank of Latvia. The Bank of Latvia was granted emission rights. The Bank's interim statutes were approved on 19 September 1922, with the decision of the Cabinet (government), Cabinet of Ministers, and its initial capital was 10 million Latvian lats, lats. On 24 April 1923, Saeima approv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Lithuania
The Bank of Lithuania ( lt, Lietuvos bankas) is the central bank of the Republic of Lithuania. The Bank of Lithuania is a member of the European System of Central Banks. The chairman of the bank is Gediminas Šimkus. Until 2015, the Bank of Lithuania was responsible for issuing the former Lithuanian national currency – the litas. Primary functions According to the Bank's official website, the Bank of Lithuania performs these primary functions: * maintaining price stability, * formulating and implementing the monetary policy, * acting as an agent of the State Treasury. Bank leadership Governors of the Bank of Lithuania: *Vladas Jurgutis (1922–1929) * Vladas Stašinskas (1930–1939) *Juozas Tūbelis (1939) * Juozas Paknys (1939–1940) Chairmen of the board of the Bank of Lithuania: * Bronius Povilaitis (1990) * Vilius Baldišis (1990–1993) * Romualdas Visokavičius (1993) * Kazys Ratkevičius (1993–1996) * Reinoldijus Šarkinas (1996–2011) * Vitas Vasiliauskas ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sumner Welles
Benjamin Sumner Welles (October 14, 1892September 24, 1961) was an American government official and diplomat in the Foreign Service. He was a major foreign policy adviser to President Franklin D. Roosevelt and served as Under Secretary of State from 1936 to 1943, during Roosevelt's presidency. Born in New York City to a wealthy, well-connected political family, Welles graduated from Harvard College in 1914. He entered the Foreign Service at the advice of Franklin Roosevelt, who was a family friend. Welles was excited by Woodrow Wilson's ideas about how American principles could reorder the international system based on liberal democracy, free-trade capitalism, international law, a league of nations, and an end to colonialism. Welles specialized in Latin American diplomatic affairs and served several posts in Washington and in the field. President Calvin Coolidge distrusted Welles because of his divorce and private sex life. He left public service and from bases in his two mans ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Executive Order 8484
Executive Order 8484, issued on July 10, 1940, by U.S. President Franklin D. Roosevelt, was one of a series of amendments to Executive Order 8389. Order 8389, issued on April 10, 1940, had frozen Norwegian and Danish financial assets held in the U.S., following their occupation by Nazi Germany during World War II. Order 8484 extended the same protection to the assets of Estonia, Latvia, and Lithuania after their occupation and annexation by the Soviet Union. Text of Order Response The Soviet government condemned the freezing of the Baltic states' assets, asserting that there was no legal basis for suspending the transfer. Sumner Welles, acting Secretary of State, addressed the objection in a statement: In conjunction with the Welles declaration The Welles Declaration was a diplomatic statement issued on July 23, 1940, by Sumner Welles, the acting US Secretary of State, condemning the June 1940 occupation by the Soviet army of the three Baltic countries – Estonia, Latv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Soviet Union
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen national republics; in practice, both its government and its economy were highly centralized until its final years. It was a one-party state governed by the Communist Party of the Soviet Union, with the city of Moscow serving as its capital as well as that of its largest and most populous republic: the Russian SFSR. Other major cities included Leningrad (Russian SFSR), Kiev (Ukrainian SSR), Minsk ( Byelorussian SSR), Tashkent (Uzbek SSR), Alma-Ata (Kazakh SSR), and Novosibirsk (Russian SFSR). It was the largest country in the world, covering over and spanning eleven time zones. The country's roots lay in the October Revolution of 1917, when the Bolsheviks, under the leadership of Vladimir Lenin, overthrew the Russian Provisional Government ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lithuania
Lithuania (; lt, Lietuva ), officially the Republic of Lithuania ( lt, Lietuvos Respublika, links=no ), is a country in the Baltic region of Europe. It is one of three Baltic states and lies on the eastern shore of the Baltic Sea. Lithuania shares land borders with Latvia to the north, Belarus to the east and south, Poland to the south, and Russia to the southwest. It has a Maritime boundary, maritime border with Sweden to the west on the Baltic Sea. Lithuania covers an area of , with a population of 2.8 million. Its capital and largest city is Vilnius; other major cities are Kaunas and Klaipėda. Lithuanians belong to the ethno-linguistic group of the Balts and speak Lithuanian language, Lithuanian, one of only a few living Baltic languages. For millennia the southeastern shores of the Baltic Sea were inhabited by various Balts, Baltic tribes. In the 1230s, Lithuanian lands were united by Mindaugas, Monarchy of Lithuania, becoming king and founding the Kingdom of Lithuania ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
