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United States Department of State / Papers relating to the foreign relations of the United States, 1920
(1920)

Russia,   pp. 436-727 PDF (97.1 MB)


Page 725

861.51/918
The Assistant Secretary of the Treasury (Gilbert) to the Acting
Secretary of State
WASHINGTON, December 23, 1920.
MY DEAR MR. DAVIS: Referring to your letter of December 16,
1920,21 I enclose for your information a copy of my letter of this date
to the Director of the Mint, supplementing previous instructions as
to acceptance of gold by United States Mints and Assay Offices.
Sincerely yours,
S. P. GILBERT, Jr.
[Enclosure]
The Assistant Secretary of the Treasury (Gilbert) to the Director
of the Mint (Baker)
WASHINGTON, December 23, 1920.
SIR: By direction of the Secretary and in accordance with sup-
plemental advices received from the Department of State and an
announcement of December 20 by the Secretary of the Treasury
and the Federal Reserve Board, a copy of which is, enclosed,22 the
instructions set forth in my letter of November 26, 1920,21 are hereby
withdrawn and the following policy should be pursued until fur-
ther notice with respect to gold presented to United States Mints
and Assay Offices as to which any possible suspicion of Soviet
origin arises:
1. All gold known to be of Soviet origin or which on its face or
as the result of investigation appears to be of Soviet origin will be
rejected by United States Mints and Assay Offices, no matter by
whom tendered. No warranties of title or of non-Soviet origin will
be sufficient to justify the acceptance of any such gold. All such
gold tendered and rejected shall be reported to the Director of the
Mint, Treasury Department, Washington, with a statement of all
material facts and circumstances known to the Mint or Assay Office
concerned.
2. Gold which is suspected to be of Soviet origin, if tendered to
United States Mints or Assay Offices, will be received only subject
to investigation. All such cases shall be reported promptly to the
Director of the Mint, Treasury Department, Washington, with a
statement of all material facts and circumstances known to the Mint
or Assay Office concerned, in order that the case may be referred to
21 Not printed.
2 Supra.
725
RUSSIA


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