Because considerable business normally" transacted between the Philippines and China and Japan, the Commonweciih was placed in a spe Gial category. Mr Foley added, however, that Hawaii's trade with. the frozen areas Is. very similar to mainland and restrictions would be virtually the sume, Replying to questions as to why certain banks in the Philippines and; Hawaii were selected for exempt from the order, Mr. Foley explain that these were' bonks of deposit, He said that general Heences issued 10 these institutions would: permit them 30 carry on normal: business within Hawaii and the Philippines but would permit them' to transfer funds outside these arcus unless, of course, Speci licences were sted t0 pes: mit this—United Press, a
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