their account, as well as any cession or transference of the credits, monies or any other valuables in favor of foreign persons with residence in a foreign country.
"Art. 7. The General Bureau of Merchant Marine is commissioned to propose or resolve, according to the cases, whatever may be necessary in relation to the said vessel, its destination and its legal or international condition.
"Art. 8. The Government will in due time give account of this Decree to the Congress and it will be in force as a Law of the country from the date of its insertion and publication in the `Gaceta de Madrid.'
"Given in Madrid, the tenth of October of the year nineteen hundred and thirty-six. Signed: Manuel Azana,  Minister of Communications and Merchant Marine: Signed: Bernardohim to report and place himself at the disposal of the Spanish Consul. In our opinion the effect of the decree was to transfer the title and right to possession of the Navemar to the Spanish Government. This seems to follow from the decision of the Supreme Court in Crapo v. Kelly, 16 Wall. 610, 631, 21 L.Ed. 430. There a Massachusetts partnership owned a one-half interest in a vessel (registered in Massachusetts) which was on the high seas, pursuing a voyage from the Pacific to New York. The partnership, being insolvent, made a voluntary petition to a judge of the insolvency court in Massachusetts in order to avail itself of the insolvent laws of that state. The judge, acting under the local statute, appointed one Crapo and