Page:United States Statutes at Large Volume 60 Part 2.djvu/599

 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [60 S1TT. January 28 and February 9, 1946 IT. I. A. S. 1524 Agreement between the United States of America and the Netherlands respecting the purchase of natural rubber. Effected by exchange of notes signed at Washington January28 and February 9, 1946. The Secretary of State to the NetherlandsAmbassador DEPExrENT or STATE WASHINGTON Jan28 1946 EXCEUXENCY: I have the honor to inform Your Excellency that the Government of the United States of America is prepared to enter into an agree- ment for the purchase of all natural rubber allocated from all Nether- lands areas in the Far East to the United States of America by the Combined Raw Materials Board, or successor body, according to the following terms: The Rubber Development Corporation, which is the agency of the Government of the United States of America which has been desig- nated to negotiate for and effect the purchase of all natural rubber allocated to the United States of America by the Combined Raw Materials Board or successor body, shall purchase from the Govern- ment of the Netherlands all natural rubber which has been or shall Purchase price. be so allocated from all Netherlands areas in the Far East at a price of 201/4 cents United States currency per pound for standard top grades with appropriate differentials for other types and grades, at Far Eastern port free on board ocean going steamer destined for United States port. This price shall be paid on all rubber covered by ocean bills of lading bearing dates between September 2, 1945 bePaymTent for rub (VJ Day) and June 30, 1946, inclusive. Payment for such rubber will be effected by the opening of an appropriate letter or letters of credit in favor of such agency of the Government of the Netherlands as shall be designated (or such other method of payment as may be mutually agreed upon); which letters of credit shall provide for pay- ment against shipping documents endorsed "on board" ocean going steamer evidencing that the rubber has been shipped consigned to "Reconstruction Finance Corporation, 15 Williams Street, New York Qualityandweigh. 5, New York". Quality and weights shall be as determined upon inspection and weighing at United States port. This note, together with your reply indicating acceptance by the Government of the Netherlands of the offer contained herein, shall be deemed by the Government of the United States of America as bring- ing the above agreement into full force and effect. The Rubber

�