Page:United States Statutes at Large Volume 55 Part 2.djvu/596

 1470 Reservations. 49 Stat. 3566. Control of means of international pay- ment. 49 Stat. 3565. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [55 STAT. ARTICLE V Article X of the Agreement of August 24, 1934 is hereby terminated and the following Article is agreed upon: ARTICLE X Nothing in this Agreement shall prevent the adoption or enforcement of measures (a) imposed on moral or humanitarian grounds; (b) designed to protect human, animal or plant life or health; (c) relating to prison-made goods; (d) relating to the enforcement of police or revenue laws; (e) relating to the importation or exportation of gold or silver; (f) relating to neutrality; (g) relating to public security, including measures imposed for the protection of the country's essential interests in time of war or other national emergency. ARTICLE VI Article XI of the Agreement of August 24, 1934, as amended, is amended to read as follows: 1. If the Government of either country establishes or maintains any form of control of the means of international payment, it shall accord unconditional most-favored-nation treatment to the commerce of the other country with respect to all aspects of such control. 2. The Government establishing or maintaining such control shall impose no prohibition, restriction or delay on the transfer of payment for any article the growth, produce or manufacture of the other country which is not imposed on the transfer of payment for the like article the growth, produce or manufacture of any third country. With respect to rates of exchange and with respect to taxes or charges on exchange transactions, articles the growth, produce or manufacture of the other country shall be accorded unconditionally treatment no less favorable than that accorded to the like articles the growth, produce or manufacture of any third country. The foregoing provisions shall also extend to the application of such control to payments necessary for or incidental to the importation of articles the growth, produce or manufacture of the other country. In general, the control shall be administered so as not to influence to the disadvantage of the other country the competitive relationships between articles the growth, produce or manufacture of the territories of that country and like articles the growth, produce or manufacture of third countries.

�