Page:United States Statutes at Large Volume 16.djvu/1090

 1056 CONVENTION YVITH THE SWISS CONF EDERATION. OCT. 12, 1867. what °h¥"g°¤ The first two charges shall always be prepaid in the country of cgrigm, t°b° Pr°p°‘*d‘ eitl1er at the time of the purchase of the order- or by deduction at the international despatching office, as the despatching administration may by tr ·r ribe. m:Tlh(ethird ghgrge shall always be collected in the country of destination, by deduction at the international receiving. office, or 1D such other mode as the receiving administration shall prescribe. The despatching administration shall retain the first and second charges, and the receiving administration shall retain the third charge. i Each administration reserves the right to establish a ratefor the international charge mentioned in the second clause of this article, in excess of the maximum there fixed, whenever the cost of international exchange shall temporarily render it necessary. I Each administration shall communicate to the other its tariff of charges which shall be established under this convention. Balances to be ARTICLE VI. The debtor administration shall also, at its own cost, g:fu:Bm" immediately after the verification of the semiannual accounts, pay to the yl credit of the creditor administration, in London or in Paris, the balance found due on the exchanges of the last preceding half-year, without any deduction. All correspondence exchanged between the respective administrations in the execution of this convention shall be at the charge of the despatching office. If} pe_nding the settlement of an account, it shall be ascertained that the balance due from one administration to the other shall exceed the sum of two thousand dollars, the debtor administration shall promptly place a proximate amount to the credit of the other. Gold basis. ARTICLE VII. The provisions of this convention relating to money are established on the basis of gold. If, for the internal convenience of either country, any other currency shall be paid to the beneficiary of the money- order, it is, in all cases, to be made as nearly as practicable the equivalent of gold according to the relative values existing at the time. If the sender is allowed to pay for his order in any other currency than gold, the amount certified by the international office is, in all cases. to be the equivalent in gold. The equivalents are to be ascertained under regulations of the department employing such currency. The limitation of the charges in Article V. expressed is also based upon gold value, and if other currency is accepted, the limitation is extended to reach its equivalent in such other currency. Sums not paid ARTICLE VIII. Any sums certified as in Article IV. provided, which,
 * G;°*¤¤‘¤¤d°° after a reasonable delay, cannot for any cause be `paid to the beneficiary,

' shall be re-certified to the despatching administration, for the benefit of the sender, to be repaid in the manner conformable to the interior regulations of the country of origin. But the administration re-certifying the same Deduction. reserves the right to first deduct its domestic charge of the same amount as if the remittance had been actually paid to the benenciary. otpxggggiiinations ARTICLE IX. Each international office shall certify its orders to the Y· other, in. amounts designated in the denominations of the money of the despatching country. These denominations shall be converted at the international receiving office at the rate which shall be fixed by common accord of the two administrations. Regulations. ARTICLE X. The two post departments shall by common accord establish the detailedlregulations for carrying this convention into execution,. and may modify them from time to time as the exigencies of the service may require. Wgien th? cou- ARTICLE XI. ’I`his convention shall take effect at a time to be fixed force until terminated by mutual agreement, or otherwise, until one year
 * g.:cf“ '·“ °° by common accord of the two administrations. It shall then continue in