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 1934-10-10, establishes federal administrative policy concerning "Requiring Certain Financial Statements to be Furnished the Secretary of the Treasury." 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
▪6226, of July 27, 1933, I hereby prescribe the following regulations: 1.
▪The statements herein required to be furnished shall be made as of the close of business on the last business day of the preceding month.
▪Every corporation in which the Government of the United States has a proprietary interest shall furnish the Secretary of the Treasury, not later than the 15th day of each month, a statement of its assets, liabilities, capital, and surplus as of the close of business on the last business day of the preceding month.
▪Corporations in which the United States has no proprietary interest other than that evidenced by preferred stock and/or capital notes acquired through the Reconstruction Finance Corporation, shall not be considered corporations in which the Government of the United States has a proprietary interest within the meaning of such phrase as used in this order.
Exec. Order No. 6869, Franklin D. Roosevelt (Oct 10, 1934). Available at https://executiveordersarchive.org/orders/app-executive-order-6869-requiring-certain-financial-statements-be-furnished-the-secretary-the.
Official Document Text
Source: The American Presidency Project (UCSB Archive)
By virtue of and pursuant to the authority vested in me as President of the United States, and in furtherance of the provisions of Executive Order No. 6226, of July 27, 1933, I hereby prescribe the following regulations: 1. Every executive department and every independent establishment of the Government shall furnish the Secretary of the Treasury, not later than the 15th day of each month, a statement of all bonds, notes, debentures, shares of stock, and other such evidences of indebtedness or interest, held by it for account of the United States, but exclusive of trust funds, and of all liabilities of the United States incurred through it represented by bonds, notes, debentures, or other such evidences of indebtedness. The statements herein required to be furnished shall be made as of the close of business on the last business day of the preceding month. 2. Every corporation in which the Government of the United States has a proprietary interest shall furnish the Secretary of the Treasury, not later than the 15th day of each month, a statement of its assets, liabilities, capital, and surplus as of the close of business on the last business day of the preceding month. Corporations in which the United States has no proprietary interest other than that evidenced by preferred stock and/or capital notes acquired through the Reconstruction Finance Corporation, shall not be considered corporations in which the Government of the United States has a proprietary interest within the meaning of such phrase as used in this order. 3. The Secretary of the Treasury shall cause to be published monthly on the Daily Statement of the United States Treasury a combined statement of the assets, liabilities, capital, and surplus, reported pursuant to the provisions of this order at such times and in such manner as he shall prescribe. 4. The Secretary of the Treasury is authorized to prescribe a form or forms on which the required reports shall be made and to issue such regulations or instructions as he may consider necessary for the purpose of carrying out the provisions of this order. FRANKLIN D. ROOSEVELT The White House, October 10, 1934.