Page:United States Statutes at Large Volume 60 Part 2.djvu/605

 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [60 STAT. January 28 and March 1, 1946 [T. I.. S. 1526] Agreement between the United States of America and the United King- dom of Great Britain and Northern Ireland respecting the purchase of natural rubber. Effected by exchange of notes signed at Washington January28 and March 1, 1946. The Secretary of State to the BritishAmbassador DEPARTMENT OF STATE WASHINGTON Jan 28 1946 EXcELLXNC r : 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 British 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 Ma- terials Board or successor body, shall purchase from the British Gov- ernment all natural rubber which has been or shall be so allocated from Purchase price. all British areas in the Far East at a price of 20/4 cents United States currency per pound for standard top grades with appropriate differ- entials for other types and grades, at Far Eastern port free on board eylon. ocean going steamer destined for United States port. In the case of Ceylon this price shall be paid only on rubber covered by ocean bills of lading bearing a date between January 1, 1946 and March 31, 1946, inclusive. In the case of all other areas in the Far East, this price shall be paid on rubber covered by ocean bills of lading bearing dates between September 2,1945 (V-J Day) and March 31, 1946, inclusive. barent for rub- Payment for such rubber will be effected by the opening of an appro- priate letter or letters of credit in favor of such agency of the British Government as shall be designated, which letters of credit shall pro- vide for payment against shipping documents endorsed "on board" ocean going steamer evidencing that the rubber has been shipped consigned to "Reconstruction Finance Corporation, 15 William Street, l t y' and New York 5, New Yorl." Quality and weights shall be as declared by the shipper, with the understanding that an appropriate adjustment will be made in the event of any substantial discrepancy between the quality and weights as declared by the shipper and the quality and weights as determined upon inspection and weighing in the United States 1694

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