The Justice Department charged that Eugene Moy, the managing editor, and four others had violated the Foreign Assets Control Regulation, the only time anyone had been prosecuted under this law since its passage in 1917.

The regulation did more than choke off the pipeline of funds between the United States and China. On at least one occasion, it helped silence pro-Communist voices in Chinatown. In 1951, in a crackdown that ruined careers, the Treasury Department subpoenaed several staff members of the China Daily News, the largest Chinese American newspaper sympathetic to recognizing the PRC as the government of China. The following year, the Justice Department charged that Eugene Moy, the managing editor, and four others had violated the Foreign Assets Control Regulation, the only time anyone had been prosecuted under this law since its passage in 1917. Sentenced to two years in prison, Moy died shortly after his release. (Chang 249-250)

Xue-Ming Bao

Seton Hall University

The Justice Department charged that Eugene Moy, the managing editor, and four others had violated the Foreign Assets Control Regulation, the only time anyone had been prosecuted under this law since its passage in 1917.