Page:United States Statutes at Large Volume 59 Part 2.djvu/1129

 1812 Purchase of export- able surpluses. "Exportable sur- pluses. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [59 STAT. 6. The Argentine Government shall have the option of delivering the flaxseed and products hereunder directly on an f.o .b . basis or through exporters, the understanding being that in practice it is the present intention of the Argentine Government to make such deliv- eries through exporters, in which case the Argentine Government will sell the products to the exporters at f.o.b. prices herein named, less the calculated costs involved from point of delivery in each instance up to the placing of the merchandise f.o.b. Buenos Aires. C. PEANUTS AND EDIBE OILS 1. The U.S. Commercial Company will purchase the exportable surpluses, as hereinafter defined, of shelled peanuts, sunflowerseed oil, rapeseed oil and cottonseed oil, arising from present stocks as well as future production, which can be made available for loading f.o .b. Buenos Aires up to July 1, 1946, according to the specifications and at the prices set forth below: Shelled Peanuts--Sound, dry, fair average quality of the season at time of shipment, basis 2% (Two percent) foreign materials: US $85.87 (Eighty-five dollars and eighty-seven cents) per metric ton in bulk, f.o.b. Buenos Aires. Sunflowerseed Oil-Semi-refined; color 4 (Four) red, 35 (Thirty- five) yellow; maximum 1/4% (One-quarter percent) free fatty acids; maximum /2% (One-half percent) moisture and impurities: US $ 9-/2¢ (Nine and one-half cents) per pound in bulk, f.o .b. Buenos Aires. Rapeseed oil-Texas specifications except 105 (One Hundred Five) Iodine; maximum 5° (Five degrees) Fahrenheit Four test: US $ 11-1⁄2/2 (Eleven and one-half cents) per pound in bulk, f.o .b. Buenos Aires. Cottonseed Oil-Semi-refined; 1/2% (One-half percent) free fatty acids; color 7.6 (Seven and six-tenths) red, 35 (Thirty-five) yellow; quality as per Rule 61 (Sixty-One) of the National Cottonseed Prod- ucts Association: US $ 10¢ (Ten cents) per pound in bulk, f.o.b. Buenos Aires. 2. The term "exportable surpluses" is defined to mean all shelled peanuts, sunflowerseed oil, rapeseed oil and cottonseed oil in stock or from new production deliverable during the period mentioned and in the manner specified in Paragraph C-1 hereof, which is not required for (a) the needs of the Argentine domestic market other than fuel requirements, (b) normal exports for consumption in other Latin-American countries, based on the volume of such exports to each such country in prior years, (c) normal exports for consumption in European countries, based on volume of exports to each such country in prior years, subject to the following limitation: (i) no such export will be approved except at the express request of the government of the European nation involved;

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