Volstead Act Collapse III, 15-21
|Every bank in the USA was shut BEFORE March 1933
Sec. 16. Any tax payable upon alcohol
under existing law may be collected either by assessment or by stamp as
regulations shall provide; and if by stamp, regulations shall issue prescribing
the kind of stamp to be used and the manner of affixing and canceling the same.
Sec. 17. When any property is seized for
violation of this title it may be released to the claimant or to any
intervening party, in the discretion of the commissioner, on a bond given and
Sec. 18. All administrative provisions
of internal-revenue law, including those relating to assessment, collection,
abatement, and refund of taxes and penalties, and the seizure and forfeiture of
property, are made applicable to this title in so far as they are not
inconsistent with the provisions thereof.
Sec. 19. All prior statutes relating to
alcohol as defined in this title are hereby repealed in so far as they are
inconsistent with the provisions of this title.
Sec. 20. That it shall be unlawful to
import or introduce into the Canal Zone or have in one’s possession or under
one’s control within the Canal Zone, any alcoholic, fermented, brewed,
distilled, vinous, malt, or spirituous liquors, except for sacramental,
scientific, pharmaceutical, industrial, or medicinal purposes, under
regulations to be made by the President, and any such liquors within the Canal
Zone in violation hereof shall be forfeited to the United States and seized: Provided,
That this section shall not apply to liquor in transit through the Panama Canal
or on the Panama Railroad.
each and every violation of any of the provisions of this section shall be
punished by a fine of not more than $1,000 or imprisonment not exceeding six
months for a first offense, and by a fine not less than $200 nor more than
$2,000 and imprisonment not less than one month nor more than five years for a
second or subsequent offense.
all offenses heretofore committed within the Canal Zone may be prosecuted and
all penalties therefor enforced in the same manner and to the same extent as if
this Act had not been passed.
Sec. 21. Titles I and III and sections
1, 27, 37, and 38 of title II of this Act shall take effect and be in force
from and after the passage and approval of the Act. The other sections of title
II shall take effect and be in force from and after the date when the
eighteenth amendment of the Constitution of the United States goes into effect.
F H Gillett
Speaker of the House of Representatives.
Thos. R. Marshall
Vice President of the United States and President of
In the House of
Representatives of the United States.
October 27, 1919.
That was the date the Wartime Prohibition law became national prohibition of trade, transportation and production, with Federal economic planning adopted at every level to prop it up as it eroded the entire economy and banking system. This novel springs from the legal conundrums created when prohibition eplaced free trade and production.