Page:United States Statutes at Large Volume 60 Part 2.djvu/601

 INTERNATIONAL AGREEMENTS OTHER THAN. TREATIES [60 STAT. January 28 and February 7, 1946 [T. I.A. S.16251 Agreement between the United States of America'and France respecting the purchase of natural rubber. Effected by exchange of notes signed at Washington January 28 and February 7, 1946. The Secretary of State to the FrenchAmbassador DEPARTMENT OF STATE WASHINGTON Jan 28 1946 EXCELLENCY: I have the honor to inform Your Excellency that the Government of the United States of America is prepared to enter into an agreement for the purchase of all natural rubber allocated from all French 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 France all natural rubber which has been or shall be so Puchase price. allocated from all French areas in the Far East at a price of 20Y cents United States currency per pound for standard top grades with ap- propriate 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 (VJ Day) and June 30, 1946, beayment or rb- 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 France as shall be designated (or such other method of payment as may be mutually agreed upon); which letters of credit shall provide for payment against shipping documents en- dorsed "on board" ocean going steamer evidencing that the rubber has been shipped consigned to "Reconstruction Finance Corporation, Quaityand-wets. 15 Williams Street, New York 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 France of the offer contained herein, shall be deemed by the Government of the United States of America as bringing the above agreement into full force and effect. The Rubber Development 1690

�