Page:United States Statutes at Large Volume 55 Part 2.djvu/572

 1446 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [55 STAT. (b) The policy of building up inventories of strategic or critical materials, such as rubber, tin, and steel alloys, and the amounts to be accumulated in each country, with special regard to materials of which the supply might be cut off because of unfavourable developments; (c) The possibility, in some degree, of each country specializing in the production of finished and semi-finished articles which it can produce more economically and to greater advantage; (d) The possibility, in some degree, of each country specializing in the production of materials; e. g., chemicals, steel, aluminum, brass, zinc, etc., etc., which it can produce more economically and to greater advantage. (e) The most economic and efficient use of the shipping and port facilities of the two countries; (f) The available power supply and the supply of coal and oil in each country; (g) The exchange of technical knowledge relating to production, and the exchange of technicians between the two countries. (h) Coordination of priority policies in each country. (i) The exchange of information relating to the requirements of labour, materials and plant for production, and of current information relating to actual and anticipated production. Subject to the approval of the Minister of Munitions and Supply, the committees might also consider the allocation of the output of machine tools in the two countries, and the specialization on machine tool production in each country. H. L. KEENLEYSIDE, H. CARL GOLDENBERG, Counsellor, Associate Director-General, Departmentof External Affairs. Economics and Statistics Branch, Department of Munitions and Supply, OTTAWA, February 25th, 1941. The Department of State to the CanadianLegation AIDE-MEMOIRE The Government of the United States has given careful and sympa- thetic consideration to the suggestion made by the Canadian Govern- ment in its Aide-Memoire dated March 17th, 1941, transmitted to the Department of State through the Canadian Legation at Washington. Note has been taken of the belief of the Canadian Government that early and detailed study should be given to the possibility of arranging for cooperation between the war-expanded industries of Canada and the United States, or for their coordination or integration; and also of the belief of the Canadian Government that such a study might assist in promoting economy and efficiency during the present period of crisis, and during the period of transition from war to peace, and also in connection with the continuing requirements of hemispheric defense.

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