Executive Order 6601 Constitutional Neutral (+0.02)

Executive Order 6601-A—Increasing the Membership of the Board of Trustees of Export-Import Bank of Washington

•

Wednesday, February 14, 1934

•

2 min read (336 words)

Plain-English Translation & Framers' Constitutional Analysis

Early Statesman synthesis distilling legal jargon into practical meaning, statutory anchors, and structural constitutional impacts.

This executive order, signed by President Franklin D. Roosevelt on 1934-02-14, establishes federal administrative policy concerning "A—Increasing the Membership of the Board of Trustees of Export-Import Bank of Washington." It outlines operative directives for executive department officers, delegating enforcement responsibilities and establishing official governance guidelines.

Constitutional Assessment: This action represents an orderly exercise of Article II administrative discretion, managing the internal machinery and personnel of the executive branch without abridging the ancient liberties of the people.

Key Directives & Operative Actions

▪ In addition to the five persons named in the Executive Order of February 2, 1934, to handle the concerns of the corporation for the first year, the following persons, who have been invited and who have given their consent to serve, shall also act as trustees of said corporation: R.

▪ Neff Counsel, Federal Trade Commission Any vacancies occurring in the initial board of trustees as so increased shall be filled in accordance with the certificate of incorporation and the bylaws of the Export-Import Bank of Washington, subject to the approval of the President of the United States.

Constitutional & Societal Entities Impacted

🏛️ Merchants, Importers & Commercial Enterprises 🏛️ Sovereign State Governments & Localities 🏛️ Financial Institutions & Monetary Authorities

Total Words

336

1,953 characters

Estimated Read Time

2 min

@ 200 words / min

Flesch-Kincaid

17.6

Post-Grad reading level

Constitutional Polarity

+0.02

Framers' Alignment index

📜

Scholarly & Legal Citations

Exec. Order No. 6601, Franklin D. Roosevelt (Feb 14, 1934). Available at https://executiveordersarchive.org/orders/app-executive-order-6601-increasing-the-membership-the-board-trustees-export-import-bank.

Official Document Text

Source: The American Presidency Project (UCSB Archive)

Original Source →

Whereas , the Export-Import Bank of Washington has been organized pursuant to Executive Order No. 6581, dated February 2, 1934; and Whereas , by the terms of said order it was provided that the governing body of said corporation should consist of a board of trustees composed of live members; and Whereas , it is now deemed desirable to increase the membership of the board of trustees; Now, Therefore , under and by virtue of the authority vested in me by the National Industrial Recovery Act of June 16, 1933, it is hereby directed that the governing body of the Export-Import Bank of Washington shall consist of a board of trustees composed of not less than five members nor more than nine members. In addition to the five persons named in the Executive Order of February 2, 1934, to handle the concerns of the corporation for the first year, the following persons, who have been invited and who have given their consent to serve, shall also act as trustees of said corporation: R. Walton Moore Assistant Secretary of State George N. Peek Assistant to the President Tom K. Smith Assistant to the Secretary of the Treasury Harold II. Neff Counsel, Federal Trade Commission Any vacancies occurring in the initial board of trustees as so increased shall be filled in accordance with the certificate of incorporation and the bylaws of the Export-Import Bank of Washington, subject to the approval of the President of the United States. In addition to the five shares authorized by the Executive Order of February 2, 1934, to be held in the names of the initial trustees and their successors, one share may be transferred by the Secretary of State and the Secretary of Commerce to each of the above named persons, who are hereby made additional trustees of said corporation, to be held by them and their respective successors in the office of trustee, for the use and benefit of the United States. FRANKLIN D. ROOSEVELT The White House, February 14, 1934.