THU 27 JUN 1940
Rumania yields to Soviet ultimatum and cedes Bessarabia and northern Bukovina.
President Roosevelt declares a national emergency and invokes Espionage Act of 1917 to exercise control over shipping movements in territorial waters and in vicinity of the Panama Canal.
President Roosevelt establishes National Defense Research Committee (Dr. Vannevar Bush, chairman) to correlate and support scientific research on the mechanisms and devices of war; among its members are officers of the Navy and War Departments.
Heavy cruiser Wichita (CA-45), with Commander Cruiser Division Seven (Rear Admiral Andrew C. Pickens) embarked, departs Rio de Janeiro, Brazil, en route to join heavy cruiser Quincy (CA-39) at Montevideo, Uruguay (see 30 June).
Destroyer O'Brien (DD-415) reaches Rio Grande du Sol, Brazil, as her shakedown cruise to Latin American ports continues (see 29 June).
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