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THE Trading with the Enemy Act has in modern economic warfare two basic objectives: to keep an enemy from using for his own purposes any property which he owns or controls, located within the United States; and to make that same property available for the purposes of the United States. Essentially simple as are these purposes, the Act - perhaps because loosely and hastily drafted -- has presented to the judiciary a collection of knotty problems which are probably not surpassed by those arising under any other stature of its size and weight. It is the aim of this article to discuss some of those problems.

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