Executive Order 2858

By virtue of the authority vested in me by "An Act to define, regulate and punish trading with the enemy, and for other purposes," approved October 6, 1917, known as the "Trading with the enemy Act," and the amendment to such Act embodied in "An Act making appropriations to supply urgent deficiencies in appropriations for the fiscal year ending June 30, 1918, and prior fiscal years, on account of war expenses, and for other purposes," approved March 28, 1918, I hereby, in the public interest, make the following determination, order, rule, and regulation:

The Alien Property Custodian is hereby authorized to sell at private sale, without public or other advertisement, the following property, to wit:
 * 279,232 pounds, more or less, of nickel: property of Hammar and Company, Hamburg, Germany, Hammar and Company, Ltd., Stockholm, Sweden, and other enemies unknown: same now being in the possession of the American Dock Company, Tompkinsville, Staten Island, New York.

Such sale may be made in one or more lots and may be conducted at the place where the property, or the major portion thereof, is situated, or elsewhere, and upon such terms and conditions as to the Alien Property Custodian, or his duly authorized agent may seem proper.

My reasons for the foregoing determination, order, rule, and regulation are:
 * (a) That the property described is not customarily sold and can not usually be sold to advantage either at public sale after public or other advertisement, or at the place where such property, or the greater portion thereof, is situated.
 * (b) That the United States Government having assumed jurisdiction and control over the docks at which it would be necessary to conduct the public sale of the property described, if public sale were required, and by reason of the congestion of the said docks and the immediate necessity for space thereon, further detention of the said property, which would be rendered necessary by the delays incident to public sale thereof is impracticable and inadvisable.
 * (c) That unnecessary expense, delay and inconvenience may be avoided.

,
 * 9 May, 1918.