Executive Order 7848 Constitutional Neutral (+0.02)

Executive Order 7848—Designating the Secretary of the Treasury as the Official To Receive Certain Capital Stock From the Reconstruction Finance Corporation, the Secretary of Agriculture, and the Governor of the Farm Credit Administration

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Tuesday, March 22, 1938

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1 min read (156 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 1938-03-22, establishes federal administrative policy concerning "Designating the Secretary of the Treasury as the Official To Receive Certain Capital Stock From the Reconstruction Finance Corporation, the Secretary of Agriculture, and the Governor of the Farm Credit Administration." It is a direct, concise executive instruction delivering focused administrative or military commands to department leadership.

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

▪ The Secretary of the Treasury is hereby authorized and directed to exercise on behalf of the United States any and all rights accruing to the holder of such stock.

Constitutional & Societal Entities Impacted

🏛️ Sovereign State Governments & Localities 🏛️ Private Citizens & Property Owners 🏛️ Financial Institutions & Monetary Authorities

Total Words

156

894 characters

Estimated Read Time

1 min

@ 200 words / min

Flesch-Kincaid

15.6

Post-Grad reading level

Constitutional Polarity

+0.02

Framers' Alignment index

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Scholarly & Legal Citations

Exec. Order No. 7848, Franklin D. Roosevelt (Mar 22, 1938). Available at https://executiveordersarchive.org/orders/app-executive-order-7848-designating-the-secretary-the-treasury-the-official-receive-certain.

Official Document Text

Source: The American Presidency Project (UCSB Archive)

Original Source →

By virtue of and pursuant to the authority vested in me by the act of February 24, 1938, Public, No. 432, 75th Congress, and the act of March 8, 1938, Public, No. 442, 75th Congress, I hereby designate the Secretary of the Treasury on behalf of the United States to receive from the Reconstruction Finance Corporation all of such capital stock as the Reconstruction Finance Corporation may hold poursuant to any provision of law referred to in subsection (b) of section 1 of the said act of February 24, 1938, and to receive from the Secretary of Agriculture and the Governor of the Farm Credit Administration such stock of the Commodity Credit Corporation as they now hold. The Secretary of the Treasury is hereby authorized and directed to exercise on behalf of the United States any and all rights accruing to the holder of such stock. FRANKLIN D. ROOSEVELT The White House, March 22, 1938 .