Page:United States Statutes at Large Volume 59 Part 2.djvu/985

 1668 Statistical records. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [59 STAT. to establish organizations for facilitating the transfer of reciprocal aid. e) For use in those exceptional cases, and particularly in cases of local procurement of supplies, in which it is agreed to be more practicable to secure such reverse Lend-Lease supplies, facilities and services by direct purchase, rather than by the method of procurement set forth in Paragraph II (b), it is agreed that the French authorities establish a franc account in convenient banking institutions and in the name of a designated officer of the United States to facilitate the provision of reverse Lend- Lease aid as contemplated by Paragraph II (a). The French contributions to this account will be mutually agreed upon from time to time in the light of the changing needs of the American forces, and other appropriate factors. Such an account will not be used for the payment of wages and salaries of American military or civilian personnel, nor for administrative expenses of American missions. Estimates of the franc requirements of the United States will be submitted to designated French authorities from time to time, as may be found convenient. The French authorities will be kept fully and currently informed of all transactions in this account. III- In exceptional cases, and when they deem it preferable, the American military forces, or other agencies of the United States Gov- ernment, may continue to use their present practice of acquiring francs against dollars from the French authorities. Iv - Adequate statistical records will be kept of all goods and services exchanged as mutual aid under paragraphs I and II above. V - The provisions of this modus vivendi correspond to a desire to reduce to an appropriate minimum the need of either party for cur- rency of the other party. Provisions which call for payments in dollars have been decided upon in view of the special situation arising from accumulated dollar balances and availabilities of dollar funds due to the presence of United States troops in French North and West Africa. Revision of the payment provisions of this modus vivendi will be made should the situation require. Signed at Algiers this 25th day of September, A.D ., 1943. For the Government of the United States of America ROBERT MURPHY For the French Committee of National Liberation MASSIGLI JEAN MONNET.

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