Page:United States Statutes at Large Volume 55 Part 2.djvu/573

 Mar. 17.1941 55 STAT.] CANADA-ECONOMIC COOPERATIO17 141 June 6, 17, 1941 The Government of the United States agrees with the Canadian Government that present channels of communication between Ottawa and Washington would not provide adequate facilities for detailed consideration of certain of the subjects presented in the Aide Memoire of March 17th under reference, as further developed by the Memo- randum on Economic Cooperation with the United States attached thereto. Developments occurring subsequent to the date of that note have, however, taken care of certain of the problems dealt with in the note under reference. More especially, direct contact has already been established between the officials of the Government of the United States and of the Government of Canada charged with priorities, and with production of war material. It would accord- ingly appear that a number of the topics mentioned in the "Memo- randum on Economic Cooperation with the United States" are already being dealt with. It is not considered desirable to entrust to the proposed committees jurisdiction over these specific contacts already established, except as the committees may from time to time, from their knowledge of the situation, feel it desirable to make recommendations. The long range aspects of the problem, both those during the pres- ent emergency and those comprehended in the numbered paragraph (b) of the Aide-Memoire under reference, do not appear to be covered by existing arrangements. Recognizing that the suggestion made by the Canadian Govern- ment has great importance, the Government of the United States agrees that joint committees of inquiry should be appointed to ex- plore, subject to the foregoing observations, the possibility of a greater degree of economic cooperation between Canada and the United States, "(a) To effect a more economic, more efficient and more coordi- nated utilization of the combined resources of the two countries in the production of defense requirements" (to the extent that this is not now being done); and "(b) To minimize the probable post-war economic disequilibrium consequent upon the changes which the economy in each country is presently undergoing." To that end the Government of the United States has tentatively designated the following Committee: Mr. William L. Batt; Mr. Harry D. White; Professor Alvin H. Hansen; and Mr. E. Dana Durand. If acceptable to the Canadian Government, the Government of the United States proposes to reserve the right to name Mr. A. A. Berle, Jr. to sit with the committees from time to time, as occasion may render desirable; and it is prepared to name Mr. L. D. Stinebower as liaison officer in order that the Secretary of State may be kept closely in touch with the activities of the committees. The Government of the United States believes that the joint com- mittees of inquiry should be given latitude to add to the specific list contained in the memorandum submitted by the Canadian Govern- 1447 Tentative designa- tion of U. S. Com- mittee.

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