Page:United States Statutes at Large Volume 57 Part 2.djvu/298

 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [57 STAT. such places in Canada as may be approved by the respective Govern- ments. In the event that the Government of the United Kingdom desires to maintain a portion of the reserve in the United States, the Government of the United States will provide the necessary safe depositories. ARTICLE 5. Maintenance of Productionand Supply. The Government of the United Kingdom and the Government of the United States agree to take all practicable steps to maintain pro- duction at, or, if necessary, to increase it to levels adequate to provide both for the full current requirements oT the United Nations, and for the maintenance of the present stocks in the United States and the United Nations reserve. The Government of the United States will use its best efforts to maintain an adequate supply of industrial diamonds to Canada to meet the current requirements of Canadian industries and to maintain existing stocks. Estimates of the current annual requirements of the United Nations made as of the 30th June, Post, p. 937. 1942, are set forth in Appendix III. It is understood, however, that such actual requirements may vary from these estimates from time to time. ARTICLE 6. Conditions of Withdrawal. A. Withdrawal by the United States. The Government of the United States shall be entitled to draw upon the reserve stock, in any classification, when the United States stock of that classification falls to a quantity less than 90 per cent. of the normal stock as of the 30th June, 1942. The normal stocks as of Post, P. 37. the 30th June, 1942, are set forth by classifications in Appendix IV and are the stocks in private and Government hands in the United States including 4,505,000 carats of boart purchased but not delivered as of that date. Upon notice furnished to the Government of the United Kingdom by the Government of the United States that the stock of any classification has fallen below 90 per cent. of such normal stock, the Government of the United Kingdom undertakes to take all reasonable steps to make shipments to restore such stock to the figures set forth in Appendix IV for such classification within 60 days. If, at the end of such 60-day period, the shipments have not been made, the Government of the United States shall be entitled to draw upon the United Nations reserve in quantities sufficient to restore the stock of such classification to the figures set forth in Appendix IV for such classification. The Government of the United States may effect such withdrawals through the Metals Reserve Company or any other Government agency or department or through merchants or other private parties nominated by it. B. Withdrawal by the United Kingdom. The Government of the United Kingdom may draw upon the United Nations reserve when, in its opinion, it becomes impracticable to meet current requirements from stocks in the United Kingdom or 932

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